Tuesday, March 11, 2008
Texas employers given year-long unemployment tax break
The break is happening because jobless claims are currently low in Texas and because the state's unemployment compensation fund has about $700 million more than it's required to have.
Governor Rick Perry announced on Monday that employers in the state of Texas will be given a year-long break from having to pay unemployment taxes. The break is happening because jobless claims are currently low in Texas and because the state's unemployment compensation fund has about $700 million more than it's required to have.
So, I guess the good news is that if you happen to be unemployed, there's plenty of money to go around.
Posted by Alex B.
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xdavidwattsx, says:
Consider that a gift to his big business base. Whatever happened to accumulation for a rainy day?
Anonymous
1 year, 9 months agoLink to this comment | Suggest removal