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Reply #2: I've got a friend who theorizes that the idea is to free up capital to invest in China. [View All]

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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-21-10 01:56 AM
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2. I've got a friend who theorizes that the idea is to free up capital to invest in China.
Boom Town @ OpEdNews by David Glenn Cox.

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I notice the buffering trend a few years back and realized immediately that corporations unloaded a lot of expenses by hiring through employment services like these...No benefits, no vacation pay, no sick pay, no unemployment responsibilities, no need to hire a payroll person to calculate what the employer's share of withholding is. Because I handled payroll for a small contracting business once upon a time, I know that there are two parts to social security; what's removed from a payroll check is required to be matched by the employer. At least one other deduction calls for the same, tho I don't remember what that is. So a payroll tax holiday had nothing to do w/ tax payers per say, just another beefy bone for the bad guys.

Thanks Miss Hannah, have a safe and merry holiday.

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