“Wage income will be the highest taxed income". So much for protecting the working class. https://mobile.nytimes.com/2017/12/09/business/economy/tax-plans-may-give-your-co-worker-a-better-deal-than-you.html?referer=https://t.co/EYJgMK4wjD?amp=1 …
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So with those removed, what's the incentive? I mean, for me, I take contract work only when I can't find FTE work. And even then, I can sometimes get contract work as W2, like my current 6-8 week gig.
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The choice now becomes high tax rate w2 benefits, or lower tax rate w/o benefits. Biz probably hopes employees opt for latter.
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