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Independent Contractor Rule: Who Wins and Who Loses

October 27, 2022

Via: ENR

The construction industry would like to hold off and change the Biden administration plan to reverse a Trump administration rule on independent contractors. A new U.S. Labor Dept. mandate would likely force more employers to put them on staff—switching these workers, in tax terms, to W2s from 1099s—and affording them the valuable benefits and protections that staff employees get. The idea is that such workers would gain, say some progressive policy analysts that support the change, to the tune of $3.3 billion a year in costs that employers would have to pick up.

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