Social Security should not be used as a rainy-day fund because some in Washington cling to a series of failed polices that will not create jobs. Congress must ensure that Americans' Social Security benefits are protected.
Obama has again bent to the economic philosophy that rewards the casino gamblers on Wall Street and leaves the majority of the country standing outside the casino with a tin cup -- hoping that the gamblers are at least big tippers.
Under Clinton, we went from a $290 billion deficit in 1992 to a $239 billion surplus in 2000 while creating over 20 million private sector jobs. That's no coincidence; job creation and deficit reduction are inextricably linked.
.before you decide to convert all of your employees to independent contractors, you need to know the difference as defined by federal and state law. The IRS is gunning for businesses that mischaracterize employee.
Since Democrats are taking some time to figure out what to do next, we shall do the same here, and skip over the entire health care reform subject, after highlighting two hilarious commentaries on the situation.
Employers who think they can avoid payroll tax and employee benefits by mischaracterizing independent contractors may be in for a surprise. The IRS, Labor Department, and even local state governments may disagree and the consequences can be severe.