5 results for tag: GIG Act


November 13, 2017   The United States Senate Washington, DC 20515   Dear Chairman Hatch, Ranking Member Wyden and Senate Finance Committee Members,   Congress has before it a generational opportunity to reform and simplify the broken U.S. tax code, ensuring that Americans keep more of what they earn while unleashing our economy to grow and create jobs. Key to this effort is updating our tax laws to keep pace with new economic realities. We write to commend Chairman Hatch for including in his Tax Cuts and Jobs Act proposal important legislation, the New Economy Works to Guarantee Independence and Growth (NEW GIG) Act of 2017 (S. ...

November 8, 2017   The United States House of Representatives Washington, DC 20515   Dear Chairman Brady, Ranking Member Neal and House Ways and Means Committee Members,   We write to urge the House Ways and Means Committee to simplify and modernize our tax code to meet the needs of service providers in one of the fastest growing segments of the economy with the addition of the New Economy Works to Guarantee Independence and Growth (NEW GIG) Act of 2017 (S. 1549) to the House tax reform legislation. The legislation introduced by Rep. Tom Rice (R-SC) and Sen. John Thune (R-SD) would update the tax code and bring it in line with ...

Jenny Beth’s Journal: Congress Should include “New GIG Act in Tax Reform to Help Workers in Sharing Economy

In a new column for The Hill, Tea Party Patriots Citizens Fund Chairman Jenny Beth Martin calls on members of the House Ways and Means Committee, who are currently making changes to a large tax reform package, to include an amendment supported by Rep. Tom Rice of South Carolina that “seeks to clarify the classification of workers in the new sharing, or “gig,” economy. According to a recent study out of Harvard University, more than 24 million Americans are currently making a living in the “gig” economy and many face tax hassles because the current tax code was written before the sharing economy began. Jenny Beth writes in the Hill: Their ...

Tea Party Patriots Citizens Fund Applaud New GIG Act to be Considered in Tax Bill Markup

Atlanta, GA – Tea Party Patriots Citizens Fund Chairman Jenny Beth Martin released the following statement on the New GIG Act that is under consideration to be added to the House tax reform legislation: “Tax laws not only need to be reformed but they need to be updated to reflect today’s economy.  More and more people are working multiple jobs as contractors because it fits their schedule, lifestyle and financial needs. They can spend their mornings doing graphics or web site design while driving for Uber or Lyft the rest of the day, and perhaps even do a third job in the evening. The reform proposed by Senator Thune and Congressman Rice would ...

Tea Party Patriots Citizens Fund Applaud New GIG Act to be Considered in Tax Bill Markup

Atlanta, GA – Tea Party Patriots Citizens Fund Chairman Jenny Beth Martin released the following statement on the New GIG Act that is under consideration to be added to the House tax reform legislation: “Tax laws not only need to be reformed but they need to be updated to reflect today’s economy.  More and more people are working multiple jobs as contractors because it fits their schedule, lifestyle and financial needs. They can spend their mornings doing graphics or web site design while driving for Uber or Lyft the rest of the day, and perhaps even do a third job in the evening. The reform proposed by Senator Thune and Congressman Rice would ...