Posted on 02/23/2010 8:52:01 AM PST by anymouse
In his suicide note, the computer software engineer who flew a small plane into a building with Internal Revenue Service offices in Texas on Thursday cited a 1986 tax law as a major motivation for his action.
The law, known as Section 1706 of the 1986 Tax Reform Act, made it extremely difficult for information technology professionals to work as self-employed individuals, forcing most to become company employees.
(Excerpt) Read more at nytimes.com ...
If I’m not mistaken he also mentioned how health care reform didn’t get passed as well.
There was a plane crash? When? Where? I don’t see it on the news anymore. Probably didn’t happen.
Although thousands of people do it. hummm
I might be mistaken, but I don’t think Stack worked in the medical profession.
Even idiots can speak the truth. ;)
We must leave no investigatve tool unused, no stone unturned, to connect this domestic terrorist to the Tea Party extremists.
.
.
.
In 1998 Senator William V. Roth Jr., the Delaware Republican who was chairman of the Senate Finance Committee, said through an aide that he believed the law should be repealed, but that he would not take any action because it would open a Pandoras box of other independent contractor issues.
Obarry's fault.
The conclusion of the article:
“... the Obama administration proposed a widespread crackdown on all types of independent contractors in an effort to raise $7 billion in tax revenue over 10 years.”
That comes out to $700 million a year - the Obama administration p*sses away that much every time they add a footnote to one of their trillion dollar legislative gems. They’d almost be better off if they cut back on state dinners and overseas junkets, for crying out loud.
There was also a Karl Marx quote, but the Slimes seems to have overlooked that one.
An acquaintance of mine had his own company and billed himself out at around $130 an hour. He also had two guys he billed out at the same rate and took a $30 an hour fee off the top. He paid all state and local business taxes and got the necessary licenses. He never filed a federal tax return. He is not a tax protester. Rather, he does not believe the federal tax code says anywhere in it that he should be liable for federal income tax for the type of income he earns.
So far so good, but I admit we lost touch a couple years ago.
Ronald Reagan signed 1986 TEFRA into law.
Remarkable that the msm isn’t touting this as it raised taxes.
He was a software engineer.
I seen it yesterday on the tech websites, I thought “Maybe he wasn’t that crazy after all” and “ One man’s terrorist is another man’s freedom fighter”. That section has taken a lot of money out of my pocket too and handed it to body shops and temp agencies over the years. Permatemps is the new method of screwing people with this.
How soon before we see "I'm Joe Stack" on SlashDot?
I am not familiar with this issue.
What, in a nutshell, was changed for independent contractors after that bill was passed?
Basically, it is the 20 questions rule that decides if you are a contractor or employee and is biased against IT pros. IBM got the law passed back in the 86 to screw over one-man programming shops and push them into Staffing agencies as a W-2 employee with little to no bennies instead of undercutting Big Blue’s billing. The new problem is Permatemps which is the other side of the coin were you never get hired on as a full-time employee and work for years as a Manpower temp. It’s is typical government getting in the way and preventing people from making good money.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.