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Truckers Vulnerability * USA - To State Governments Seeking Owner/Operator Revenue
Change May Force Truckers to Seek Federal Protection
Sun City,AZ,USA -News Release Wire -November 26 2008: -- California has won its court claim that FedEx owner/operators are indeed employees -- and not independent contractors... Other state governments are reviewing their employing status of trucking companies which hire owner/operators. States that also determine their owner/operators to be employees can subject the 1.2 million estimated owner/operator settlements and their estimated $240 billions in revenue to be subject to employment security and workers’ compensation premiums, industry experts argue... That new status could yield an estimated tax windfall in the billions of dollars for the governments...
Labels: truckers' troubles
posted by Unknown @ 6:23 AM
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