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Ask HN: How did Trump tax cuts impact contractors?
Did the tax changes make a positive or negative impact on US contractors last year? Should employees consider converting to contractors? Any tips or loopholes you learned about the tax changes?
- Simulacrum0 7y agoTax changes triggered a strong, negative impact here in CT., USA as it capped deductions from State Income Tax and Mortgage ( which covers my home office ). I hope lowering the corporate tax rate produces GDP growth, but that will take time to assess.