Re:Why Walmart pays its truck drivers 6 figures
by bernawil on Monday January 29, 2024 @06:00PM
(#39183958)
I think you mean tax dodging instead of money laundering there. Though, if they are really succesful dodging taxes, they might need to do some money laundering later, too.
Re:Why Walmart pays its truck drivers 6 figures
by evilduck on Monday January 29, 2024 @10:47PM
(#39186185)
It's a bit of both.
It's not too hard to get cash-only "customers" to buy services you don't have to actually perform.
It's also pretty easy to write two invoices, feign a mixup, and skim some off the top of a payment.
Re:Why Walmart pays its truck drivers 6 figures
by hellotomyrars on Monday January 29, 2024 @11:43PM
(#39186470)
Where is your house? Those rates are not typical nationwide but I know a general contractor who is involved in construction on the islands near Bellingham and the rates there are like what you describe.
I agree that in my experience a lot of contractors would rather deal with cash and it isn’t exactly a secret why. I got a significant all cash discount on a new roof.
Even the lower rate such as concrete laborers wanted 100+ an hour.
I suspect the low pay of many of these trades is just a symptom of housing and construction being the number one money laundering industry and thus tradesman are always saying they're making nothing while simultaneously asking 100+ an hour cash and working full weeks.
Id bet the BLS income reports are off by like 50+%.