Withholding Tax Collections Have Collapsed But Unemployment Claims Are Still At Record Lows - The Wall Street Examiner

``The record lows in claims are inconsistent with the sharp drop in withholding tax collections. It suggests that regular weekly incentive pay, such as sales commissions at some retailers, auto dealers, and the like, has collapsed over the past month. If that is the case, then it won't be long until the layoffs begin.''