ANALYSIS: ABC Test Breaks Biden's $400,000 Tax Pledge

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Posted by Tom Hebert, Alex Hendrie on Tuesday, September 21st, 2021, 3:30 PM PERMALINK

Democrats are attempting to backdoor parts of the PRO Act in their $3.5 trillion reconciliation spending blowout. 

As part of this effort, Democrats are attempting to include Sen. Ron Wyden's "Unemployment Insurance Modernization Act," in the reconciliation package. This legislation contains a California-style "ABC" test that would lead to the forced reclassification of independent contractors to employees, affecting the 59 million Americans that engage in some form of freelance work. 

According to ATR analysis, this is a violation of President Joe Biden's pledge to not raise taxes on any American making less than $400k.

Click here to view our full memo. 

Photo Credit: Gage Skidmore

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