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TRENTON-Small family owned business and entrepreneurial enterprises are now on the tax radar of New Jersey Democrats Governor Phil Murphy and Steve Sweeney. A new law proposed could force contractors out of work and force businesses to hire more employees and stop outsourcing jobs to contractors.
Assembly Republican Leader Jon Bramnick criticized Democrat efforts to ruin the ‘gig economy,’ where many people use independent contractor jobs to supplement income.
“This attempt by politicians to re-engineer the gig economy reduces job opportunities for those who, again, need them the most,” said Bramnick (R-Union). “These are moms and dads looking to better their income or simply earn enough to afford the high taxes Democrats force them to pay. This one-size-fits-all policy is bad for the New Jersey economy.”
Bramnick noted that other than ride-sharing drivers, workers such as truckers, journalists, childcare workers, landscapers, hairdressers, musicians and others could be at risk of losing income.
Here is a link with the most common independent contractors by industry: https://payable.com/blog/industries-most-1099-workers.
A freelance writer from South Jersey wrote in the Philadelphia Inquirer how she will have to leave the state or risk losing half her income. Another article on 101.5 noted that many working parents use independent contractor gigs for the flexible hours and supplemental income that address their needs.