| CA Withholding Tax
Dear Youngevity Leader:
The California Assembly passed SB 17 on a majority vote on
June 28th which contains a provision for a 3% withholding tax on
independent contractors. If this bill becomes law, Youngevity will be
required to withhold 3% of your monthly check and remit this amount to the
State of California.
As a company, Youngevity opposes this bill because we
believe that direct sellers, as well as other independent contractors, should
continue to be exempt from withholding taxes due to their deductable
business expenses. This legislation could potentially set a negative
precedent that other states and even the Federal Government could follow.
If you share our concerns, please voice your opposition to
this bill TODAY by contacting the Governor and Senate President Pro tem
Darrell Steinberg and let them know how you feel. A sample letter appears
below for your convenience, but your communication will be most effective
if you use your own words. Contact information for the Governor and Senate
President also appears below.
Please take a moment to request that Governor
Schwarzenegger VETO THIS BILL!
Sincerely,
Steve Wallach
GIC
Youngevity
The following is the Governor’s contact information:
Governor Arnold Schwarzenegger
State Capitol Building
Sacramento, CA 95814
Phone: 916-445-2841
Fax: 916-558-3160
Email
The following is Senate President Pro tem Darrell
Steinberg’s contact information:
Senate President Pro tem Darrell Steinberg
State Capitol, Room 205
Sacramento, CA 95814
Email
SAMPLE LETTER:
Dear Governor Arnold Schwarzenegger:
I strongly urge you to VETO SB 17! Withholding on
independent contractors would place a substantial financial and
administrative burden on my family.
My family depends on the income I earn as an independent
contractor. I am not opposed to paying my share of taxes, but to have the
State collect my money and then send it back to me when I file my tax
returns is an additional burden on both of us. Cash flow is important to my
success and I need every dollar I make to run my independent business.
Withholding up front on taxes I may never really owe does not make good
financial sense for me or for the State.
If you do consider a withholding proposal, I request that
you exempt direct selling companies such as Youngevity from such a
proposal. Please do not sign any budget resolution that contains
independent contractor withholding for direct sellers. It would unfairly
burden those of us who choose to seize the American Dream by operating our
own independent business.
Sincerely,
<INSERT YOUR NAME>
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