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To: cgbg

You do know the tax reform bill the D’s are proposing would almost wipe out 1099 consultancy....? It’s almost impossible to prove/justify even now when challenged.

Those individuals will need to have multiple clients, not just their former employer; and will need to be truly independent. Even then, the proposed new rules will probably get them classified as part-time employees.

No; employers will just have to get down significantly below 100 to avoid having their employees endlessly jabbed to death to maintain employed status. I wouldn’t try to game it with 99 either. 98 or 97 would be the starting point to get the payroll roster reduced to; and then opportunities for continued culling should proceed from there.

You don’t think they’ll stop at 100 do you? Once they get that sufficiently covered, they’ll drop the number to 50, then 20; then maybe 2 over just a few years.

Soon your only choice for earning will be to sell trinkets over ebay as a non-corporation.

As the Great El Rushbo used to say, “Don’t doubt me.”


37 posted on 09/28/2021 1:39:28 PM PDT by Reagan80 ("In this current crisis, government is not the solution to our problems, goverment IS the problem")
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To: Reagan80

OK—but there are a lot of things that have to happen for the contracting scheme not to work—it would be the job of the corporate lawyers to figure out the loopholes—there will be some, and they will find them.

(”Offshore” contracting seems to be one approach, and just one...)


39 posted on 09/28/2021 1:42:31 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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