News for hackers. Stuff that matters.

A comment on Venmo, PayPal and Zelle must report $600 in transactions to IRS. Parent comment

Re:Venmo, PayPal and Zelle must report $600 in transactions ... by ctoth on Tuesday January 18, 2022 @12:22PM (#29982400)
"The law, in its majestic equality, forbids all men to sleep under bridges, to beg in the streets and to steal bread-the rich as well as the poor."
[ Parent | on HN ]
Re:Venmo, PayPal and Zelle must report $600 in transactions ... by oh_sigh on Tuesday January 18, 2022 @12:24PM (#29982431)
The law also prevents insider trading and other activities which realistically only the rich engage in.
[ Parent | on HN ]
Re:Venmo, PayPal and Zelle must report $600 in transactions ... by Wiseacre on Tuesday January 18, 2022 @12:33PM (#29982596)
One action (insider trading) is done to make money in stocks with an illegitimate advantage, and the other (sleeping under a bridge) is done to...survive.
[ Parent | on HN ]
Re:Venmo, PayPal and Zelle must report $600 in transactions ... by oh_sigh on Tuesday January 18, 2022 @12:46PM (#29982811)
Should insider trading be legal if it is done to survive?

At least in my region, the ACLU has sued and won a ruling saying that cops can't ticket people sleeping rough if the shelters are full/not accepting people.

[ Parent | on HN ]