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>> Tax Reform Act of 1986, https://en.wikipedia.org/wiki/Tax_Reform_Act_of_1986#Tax_tre.. https://en.wikipedia.org/wiki/Tax_Reform_Act_of_1986#Tax_tre.... .) F
by biocomputation 10y ago
>> Tax Reform Act of 1986, https://en.wikipedia.org/wiki/Tax_Reform_Act_of_1986#Tax_tre.. https://en.wikipedia.org/wiki/Tax_Reform_Act_of_1986#Tax_tre.... .)
Fascinating. I hadn't seen that before.
- hga 10y agoWhile it's debatably correct policy (e.g. see https://en.wikipedia.org/wiki/Permatemp https://en.wikipedia.org/wiki/Permatemp and https://en.wikipedia.org/wiki/Criticism_of_Microsoft#Labor_practices https://en.wikipedia.org/wiki/Criticism_of_Microsoft#Labor_p...), good old Pat Moynihan inserted it into the bill in the dead of night with no discussion, for the benefit of few big IT bodyshops (IBM wasn't mentioned at the time), since we all had to use them going forward, giving them more than a small cut of our compensation. Or just work directly for The Man, one company I worked for in '93-4, for a specific, time limited contract they were fulfilling (a cool NASA science Data Distribution Facility), had their default body shop refuse to hire me for some reason, so I was made a no/small? benefits hourly worker. Anyway, it suddenly smashed the working setup of many, many technical professionals, and very seldom for the better. And rather strange to single us out, yes, an indirect bill of attainder perhaps? Further anyway, starting in the late '80s national/Federal public policy turned irredeemably hostile towards us, and you can see it in the static real wages we've earned since around that period. We may be viewed as essential, but....