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Remove Symbols to the Independent Contractor Agreement

Remove Symbols to the Independent Contractor Agreement

Aug 6th, 2022

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How to Remove Symbols to the Independent Contractor Agreement

5 out of 5

52 votes

A newly proposed federal ruling is expected to significantly increase costs across various sectors, including cosmetics, food, home goods, electronics, and transportation. The ruling may lead to a potential 30% rise in prices, exacerbating inflation and impacting job security, particularly in the gig economy, where many workers are independent contractors (like those for FedEx, DoorDash, Uber, and Lyft). The changes could redefine self-employment for numerous individuals, as they may no longer be classified as self-employed. Additionally, the IRS may focus its resources on enforcing this ruling, given the involvement of 79,000 employees. This development is currently under discussion but is not widely reported.

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