Relevant and even prescient commentary on news, politics and the economy.

The Unemployment Tax Dilemma

by Tom aka Rusty RustbeltThe Unemployment Tax DilemmaWhen the economy is doing well employers pay both state and federal (backup system) unemployment taxes. The rates tend to be reasonable and are levied only on a portion of wages. During recessions the employers who keep workers on are in effect penalized because all rates will likely […]