Tuesday, February 9, 2010

Unemployment Taxes Slam Employers for Having Employees

CNN Money reports that employers in 35 states are now facing a tax hike at a time most cannot afford it. Unemployment taxes are on the rise. The median increase is 27.5%.

As I wrote yesterday, many politicians suggest that targeted tax credits would give businesses an incentive to hire. Wouldn't it make even more sense if the existing barriers to employment were removed first?

No comments: