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re: COVID-19 Emergency Sick and Family Leave: What Employers Need to Know

Posted on 3/19/20 at 11:03 am to
Posted by Spock
Baton Rouge, Louisiana
Member since Mar 2010
1176 posts
Posted on 3/19/20 at 11:03 am to
quote:

Think about it like this. You are unemployed, no paycheck coming in. I ask you to loan me thousands of dollars, with the promise that I will pay you back in a few months. No interest loan. That is what small business is being told.



Like I said - it's not a perfect solution. People are just acting like the government is requiring employers to provide this leave themselves and pay it all out of pocket. I'm just pointing out that this is not the case.

Reimbursing this through the SS tax is actually a way to get the money to the employers faster. They could have just done it through income tax which would have delayed payments all the way to next year.
Posted by TheCurmudgeon
Not where I want to be
Member since Aug 2014
1481 posts
Posted on 3/19/20 at 11:05 am to
quote:

People are just acting like the government is requiring employers to provide this leave themselves and pay it all out of pocket.


But they are, for several months, with greatly reduced or no revenue coming in.
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