signalsEarthquake in California
July 3rd 2010 20:18
The governor of California, Arnold "Terminator" Schwartzenneger, wants to reduce the pay of certain state workers down to minimum wage. This would be a temporary thing and once the state budget passes, they will be given their retro pay.
This stinks in so many ways, because this could set a precedence and be used by other industries. It really has nothing to do with the unions. I don't know how the taxation is in California, but in my state the lump some would be taxed more than if I was still receiving it in regular paychecks. Thus you return more to the government who pays you.
Not to mention that withholding payment earns interest for the employer!
This stinks in so many ways, because this could set a precedence and be used by other industries. It really has nothing to do with the unions. I don't know how the taxation is in California, but in my state the lump some would be taxed more than if I was still receiving it in regular paychecks. Thus you return more to the government who pays you.
Not to mention that withholding payment earns interest for the employer!
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