What It Is

JM Ashby
Written by JM Ashby

(Cartoonist - Rob Rogers)

In other news, Senator Bill Cassidy (R-LA) has tested positive for the coronavirus. The American death toll could cross 175,000 by tomorrow night with nearly 5.6 million confirmed cases.

Meanwhile, the Internal Revenue Service (IRS) estimates they'll process 37 million fewer employment tax forms next year and up to 15 million fewer as long as 7 years from now. In other words, that's how many permanent job losses they expect to see. Others will transition to contract jobs in which they aren't technically employees. The gig economy.

The IRS forecasts there will be about 229.4 million employee-classified jobs in 2021 -- about 37.2 million fewer than it had estimated last year, before the virus hit, according to updated data released Thursday. The statistics are an estimate how many of the W-2 tax forms that are used to track employee wages and withholding the agency will receive.

Lower rates of W-2 filings are seen persisting through at least 2027, with about 15.9 million fewer forms filed that year compared with prior estimates. That’s the last year for which the agency has published figures comparing assumptions prior to the pandemic and incorporating the virus’s effects.

Finally, Trump's demand for a "snapback" of all sanction on Iran was dead on arrival as expected at the U.N. today.

None of the other council members believe the U.S. has the legal right to demand the re-imposition, or “snapback,” of sanctions because President Donald Trump withdrew from the nuclear deal in 2018. As such, the demand is expected to further isolate the U.S. at the U.N. and test the Security Council’s credibility. [...]

The U.S. maintains that its withdrawal from the nuclear deal does not obviate its right as an original participant and a permanent Security Council member to demand the restoration of sanctions.

That argument, however, has already been rejected by the other members of the council, including U.S. allies Britain and France, along with China and Russia.

Programming note... I will be offline tomorrow. I have two appointments to go to and I'm getting my hair done for just the 3rd time ever. I have a lot more hair now than I did in May when I last had it done so I'm pretty excited about it. Yes, I will be updating my profile photos.

Have a good weekend.

This song feels personally applicable to me. Her voice gives me chills.

  • Aynwrong

    Waaaay classier than it has any business being. Safe weekend all.

  • Draxiar

    Have a great weekend!

  • muselet

    • Cases will continue to rise until the US gets serious about controlling Covid-19. I don’t see that happening any time soon.

    • I hadn’t thought about it, but it makes sense there’d be fewer W-2s and more 1099s for the foreseeable future.

    • Good.

    • Enjoy getting your hair done. Be sure to tip your hairdresser generously (at the very least be effusive with your praise), but you knew that already.

    • Lunatic Aussies dropping stuff onto an oversized axe head. Believe it or not, that actually makes some kind of sense.

    Have a safe weekend, all.