The Business Unemployment and Tax Vicious Cycle

I just read an article on The Indy Channel website about the new Jobless Bill recently passed in the Indiana legislature and signed by Gov. Mitch Daniels. In the new bill, businesses tax rate on their unemployment costs will increase, while the benefits received by the unemployed won’t be reduced at all. The example shared […]

Broke Unemployment Fund Fix – Charge Employers More

On the surface you’d think charging employers more for their unemployment tax would be the most appropriate thing to do to increase the amount of money available in the state’s unemployment. Here’s the challenge. The Senate Republican plan would raise the maximum rate to 8.2 percent. The taxable wage base would increase from $7,000 to […]