Today the California Association of Realtors Government Affairs Team sent out an email with updates on new legislation. One portion of this was about proposed changes to how real estate agents get paid. Their email stated "Three percent REALTOR(r) Withholding Defeated. Sacramento proposed a three percent independent contractor withholding requirement that would have forced REALTORS(r) to make no-interest loans to the state." Kartik Subramaniam provides commentary on this.
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