Quote:
|
Originally Posted by jb2000
... Second, it puts an inordinate burden on small businesses. ...
|
Payroll taxes are a heavy burden on small businesses as well. In California, for example we have to collect Fed Tax, FICA, Medicare, Fed Unemployment Tax, CA. State tax, CA training tax, CA-SDI, CA unemployment tax. Get any wrong you are subeject to heavy penalties and interest. We do W-4's, W-2's, DE6's, 941's, 941's, W3's DE34's, and a few others forms that don't come to mind at the moment. It is ridiculous. It is a muti-billion dollar industry, not counting the time it takes from productive activities.