Off Topic — HabitableZone

Off Topic » in reply to Independent contractors

Re: Independent contractors, tax policy, and economic impact

Back to the tax policy:

Okay, we have "dependent contractors" (or "wage slaves"), which seem to be the prime focus of Democratic policy, and the entrepreneurs, business owners, and self-employed shoved off somewhere else (the latter category has a lot of internal overlap). Which of these two groups do YOU think is more critical to economic growth?

Some hints:

How many businesses were created by "working people" last year? How many by entrepreneurs?

How many people were hired by "working people" last year? How many by entrepreneurs, small business owners, and the self-employed? (Hint: small businesses accounted for two-thirds of new hires in 1998-1999)

How much economic growth, not just "activity," was due to "working people?" How much due to the other group?

I don't have statistics for all of these, but they are available if you look for them. I think most of the answers are obvious on the face of it.

Any tax policy that does not address those who are not considered "working people" by the definition we are using here is not a tax policy that is going to result in economic growth. It's that simple. But independence is not something that the Democratic Party likes to deal with or encourage. There's no political power in independent citizens.

To be fair, there is overlap between "working people" and the other group as well. Few entrepreneurs haven't held down one or more "wage slave" jobs in their lives. The difference is that they see it as a means, not an end.

Log in or register to post.

The whole thread (12 posts)