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Old 11-03-2013, 08:08 PM   #27
Mod98Ban Mod98Ban is offline
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Join Date: Aug 2013
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Quote:
Originally Posted by LiveSteam View Post
IMO 18-20 is on the low end. after Workman's comp, & payroll taxes I bet its over 20. Back when housing was hopping & I had 2 crews. workman's comp was 18 on every 100 in payroll. & at the end of the year the INS company would audit my payroll records & make me pay up if I had under payed. IIRC it was 2004 where I ended being $13,000.00 off & had to pay it.
When you have 5000-6000 a week in payroll, shit adds up fast.
I know how it goes. I've worked for many a small companies, and I don't see how some are making it right now. You've got to pay attention to every cent spent, anymore. You would be a perfect example of why doubling the minimum wage would not work, but many won't listen to people that know this. Their "studies" supposedly disprove what actually goes on in the real world.
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