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10-05-2020, 11:41 AM
Filed under: Government/Legal (https://www.autoblog.com/category/government-legal/),Green (https://www.autoblog.com/category/green-auto-news/),Transportation Alternatives (https://www.autoblog.com/category/transportation-alternatives/),Technology (https://www.autoblog.com/category/tech/)
https://o.aolcdn.com/images/dims3/GLOB/crop/5568x3132+0+473/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2020-10/25ce6f60-070c-11eb-bd3a-8b56c5eaca09 The two ride-hailing companies would each face more than $392 million in annual payroll taxes and workers' compensation costs even if they drastically cut the number of drivers on their platforms, a Reuters calculation showed. The companies say they would need to significantly hike prices to offset at least some of those additional costs, which in turn would likely cause a decrease in consumer demand, but cushion the blow of the added costs to the bottom line.Continue reading Uber and Lyft spend big in California to oppose gig worker law (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/)
Uber and Lyft spend big in California to oppose gig worker law (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/) originally appeared on Autoblog (https://www.autoblog.com) on Mon, 5 Oct 2020 09:20:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/) | Email this (https://www.autoblog.com/forward/2268441/) | Comments (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/#comments)
More... (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/)
https://o.aolcdn.com/images/dims3/GLOB/crop/5568x3132+0+473/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2020-10/25ce6f60-070c-11eb-bd3a-8b56c5eaca09 The two ride-hailing companies would each face more than $392 million in annual payroll taxes and workers' compensation costs even if they drastically cut the number of drivers on their platforms, a Reuters calculation showed. The companies say they would need to significantly hike prices to offset at least some of those additional costs, which in turn would likely cause a decrease in consumer demand, but cushion the blow of the added costs to the bottom line.Continue reading Uber and Lyft spend big in California to oppose gig worker law (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/)
Uber and Lyft spend big in California to oppose gig worker law (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/) originally appeared on Autoblog (https://www.autoblog.com) on Mon, 5 Oct 2020 09:20:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/) | Email this (https://www.autoblog.com/forward/2268441/) | Comments (https://www.autoblog.com/2020/10/05/uber-lyft-gig-workers-california-law/#comments)
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