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Re: House Tries to Liberate ICs
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A much more serious omission is that "longstanding" dates from about
10 years ago, when NJ Senator Frank Lautenberg, who made his money
running ADP, a computer consulting company that rents out its employees
to businesses, got the law changed to force his competition to
use employees rather than independent contractors, which was common.
A number of my friends who were independent contractors had to go
find consulting firms to be employed by, or go start their own shell firms
and spend a lot of money on extra paperwork and business taxes.
Many of those consulting firms, however, give their employees a lot of
latitude on salary vs. benefits, though taxes aren't optional :-)
At 02:20 PM 7/21/97 -0400, Duncan Frissell wrote:
>Notice how the following article does not mention the fact that ICs
sometimes
>neglect to send those quarterly tax payments in on time and this is why the
>Feds dislike them. It's not going to happen, but it would be fun if it
>did...
>
>July 20, 1997
>Item in Tax Bill Poses a Threat to Job Benefits
>By STEVEN GREENHOUSE
>
>In Congress and in thousands of workplaces, the nation's business community
>is seeking to change longstanding rules and practices to turn many people
>classified as employees into independent contractors -- a move that could
>cause many Americans to lose health insurance and pension and unemployment
>insurance benefits.
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