Trump Tax Code Lead To Fewer Full-Time Jobs, Homeowners
The new tax law helps billionaires, and accelerates tech’s shredding of the old ways of living and working.
The new tax law written by House and Senate Republicans will help technology tear apart the way society has worked for 100 years. Which no doubt was an accident on Congress’s part, but still…
Two provisions in the law—changes in taxes for homeowners and independent contractors—will add rocket fuel to a decadelong trend toward extreme mobility, which really got moving when Apple introduced smartphones and apps in 2007. In the following few years, we started to figure out that “cloud computing” wasn’t something you did while under the influence of psilocybin mushrooms. Today, 2.5 billion people worldwide use , and we’ve come to expect ubiquitous access through the cloud to apps, services, media, friends, family, even money.
