Posted on 03/28/2012 8:55:59 AM PDT by freedombiz
California’s increasing restrictions on independent contractors will slow economic growth and hike the state’s unemployment, according to a new analysis for several business groups.
“The Economic Benefits of Preserving Independent Contracting” was prepared by economic policy expert Philip J. Romero.
(Excerpt) Read more at jan.ocregister.com ...
The best way to fly below the radar is to have a sub-S and pay yourself on a W2.
This is only practical if your billing rate is more than $30 an hour, however.
Companies that screw over their IC’s is the reason that some of this is coming. Some companies are getting out of paying minimum wage because they classify people as contractors and barely paying them. Temp agencies are the next thing they are going to be after. I spent 5 years as a Permatemp so I seen all kinds of screw jobs going on in the IT industry.
They will literally screw anyone making a living to save their precious tax base,yet their efforts will continue to destroy both.
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