On demand. The Internet of things. The gig economy. Although the taxonomy used to refer to the future of work has evolved, public policy affecting business and their workers in the United States has failed to keep up.
Congress has an opportunity to change that by passing comprehensive tax reform this year. Indeed, there are signals that this ambitious goal is possible. The so-called Big Six released a unified framework at the end of last month that has sparked enthusiasm from those with a variety of vested interests. Last week, the House of Representatives passed a budget that will set the terms for the tax debate moving forward, and the Senate is poised to do the same next week.
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