January 26, 2010

Taxation

Tax Workers? Yeah, That's Brilliant

Marc Comtois

Really, guys?

A state advisory board is considering a new tax on workers to help bail out the beleaguered state trust fund that pays benefits to the unemployed....[It] could take the form of an addition to the tax that employees already pay into the state’s Temporary Disability Insurance (TDI) program. Revenue so raised would be diverted to the state unemployment insurance trust fund.

The TDI tax rate for 2010 is 1.2 percent of the first $57,900 of a worker’s wages. Raising the TDI tax rate to 1.3 percent for 2011 would yield an extra $13 million or so, according to state labor agency calculations. (The increase could amount to a tax of $57.90 a year for higher-income workers, less for lower-income workers.)

Predictable.

2:30 PM | TrackBack (0)
Comments, although monitored, are not necessarily representative of the views Anchor Rising's contributors or approved by them. We reserve the right to delete or modify comments for any reason.

Most of the beauties "representing" us are winners of a bianual popularity contest and/or possess just the right mix of special interest attraction. One wonders what the "perfect candidate would be like. Blindness, a good tan, and a wheelchair would no doubt help.

Posted by: Dick Tuck at January 26, 2010 4:24 PM

This doesn't sound real pretty, but the only way to solve this problem is to stop extending benefits.

People will either find a job or move to where they can find one. Free rides, no matter what shape or form, lead to disincentives to work.

Posted by: George at January 26, 2010 8:26 PM
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