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Old 01-19-2010, 12:11 PM   #1
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Default Unemployment tax rate jumps up

Unemployment tax rate jumps up - Tampa Bay Business Journal:

Quote:
Florida employers already have a lot to worry about in 2010 — a sluggish economic recovery first and foremost. Now, add to that an unemployment compensation tax rate hike that, in its worst case, could increase their minimum payment by more than 1,000 percent, from $8.40 per employee to $100.30 per employee.
The rate change, which went into effect Jan. 1 unbeknownst to many employers, will cost them an additional $1.2 billion in 2010, according to David Daniel, vice president of government affairs at the Florida Chamber of Commerce.
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Old 01-19-2010, 01:07 PM   #2
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Default Re: Unemployment tax rate jumps up

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Originally Posted by NEPatriot View Post
Not unless they suddenly have 13 million employees in the state and there's half of that. For it to cost $1.2 billion when the increase ( for an employer of $90 per employee) would mean there are 13 million employees in the state.
That's creative accounting......
Florida QuickFacts from the US Census Bureau

In Pennsylvania, an employer can pay upwards of $800-1000 per employee based on experience. $100 looks great from that perspective...

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Old 01-19-2010, 01:09 PM   #3
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Default Re: Unemployment tax rate jumps up

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Originally Posted by NEPatriot View Post
Who sets the unemployment tax rate in Florida?
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Old 01-19-2010, 01:25 PM   #4
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Default Re: Unemployment tax rate jumps up

My rate in Maine has just doubled. I have no employees except myself and my wife and will never, ever be able to collect.

So, another 1.5% of my income flushed down the drain while my income stays the same. Hard to keep giving to charity when the government keeps grabbing and wasting it.
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Old 01-19-2010, 05:03 PM   #5
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Default Re: Unemployment tax rate jumps up

They give Unions a pass on the Caddilac tax until 2018.

Maybe it is time to start charging companies that hire union workers a
higher rate towards unemployment.

A lot of the trade unions members spend a lot of time on unemployment.
They work for 6 months and collect and work on the side the other 6 months.

I have a friend who collected the last 3 monts of 2008, 11 of 12 months in
2009 and he is telling me that his extentions will cover him for the remainder of 2010.

I bet over the past 20 years most of my trade/union working friends
have collected for a combined total of 8+ years.

I believe that a company who has employed the same person for 20+
years "No time on unemployment" should pay a lower unemployment cost than the companies who hire union workers for 6 months of the year.

Each person should have an individual unemployment account.
If you lose a job after 20+ years your account would have more money
in it than the guy who spends 6 months on unemployment each year.

Why should the guy who has worked 9 months have the same
length of time on unemployment as the guy who's company has paid
into it for 20+ years?
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Old 01-19-2010, 06:36 PM   #6
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Default Re: Unemployment tax rate jumps up

Quote:
Originally Posted by cupofjoe1962 View Post
They give Unions a pass on the Caddilac tax until 2018.

Maybe it is time to start charging companies that hire union workers a
higher rate towards unemployment.

A lot of the trade unions members spend a lot of time on unemployment.
They work for 6 months and collect and work on the side the other 6 months.

I have a friend who collected the last 3 monts of 2008, 11 of 12 months in
2009 and he is telling me that his extentions will cover him for the remainder of 2010.

I bet over the past 20 years most of my trade/union working friends
have collected for a combined total of 8+ years.

I believe that a company who has employed the same person for 20+
years "No time on unemployment" should pay a lower unemployment cost than the companies who hire union workers for 6 months of the year.

Each person should have an individual unemployment account.
If you lose a job after 20+ years your account would have more money
in it than the guy who spends 6 months on unemployment each year.

Why should the guy who has worked 9 months have the same
length of time on unemployment as the guy who's company has paid
into it for 20+ years?
I agree...what you wrote isn't opinion, it's fact...and very sad to boot.
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