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The new tax law is likely to accelerate a hotly disputed trend in the American economy by rewarding workers who sever formal relationships with their employers and become contractors.

Management consultants may soon strike out on their own, and stockbrokers may hang out their own shingle.

More cable repairmen and delivery drivers, some of whom find work through gig economy apps like Uber, may also be lured into contracting arrangements.

Tax Law Offers a Carrot to Gig Workers. But It May Have Costs.

A 20 percent tax deduction for setting oneself up as a business could reward severing formal employment relationships but erode benefits and security.


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