Proposal to Withhold 3% of Independent Contractor Payments Has Cal Chamber Fuming

This news just in from the California Chamber of Commerce:

"A proposal to require businesses to withhold 3 percent of payments to independent contractors amounts to an interest-free loan to the state from small businesses, the California Chamber of Commerce has pointed out to state leaders."

“We respectfully urge you to abandon this proposal,” CalChamber President and CEO Allan Zaremberg wrote in a letter to Senate President Pro Tem Darrell Steinberg (D-Sacramento), who has been quoted in news articles as expressing support for independent contractor withholding.'"