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originally posted by: Edumakated
originally posted by: KKLOCO
a reply to: Edumakated
They are being told to panic. So what else is there to do, but panic?
People like us don’t like being told to feel one way or the other. So we are naturally dissident towards it.
Rules are either meant to be followed or broken. I’ve always veered towards to latter.
I’ve always appreciated your posts. 🍻 mate
What is crazy to me is that people can't see how illogical this shut down is...
We can go to a Wal-Mart for essential items even though a typical Wal-Mart even with all the social distancing might get a thousand or more people going in and out of the store on any given day.
On the other hand, we have to shut down the small businesses on Main Street who on a good day might get 25-50 people come through their doors in the name of social distancing.
originally posted by: chelsdh
If I'm not mistaken, people on unemployment also have to be "actively looking for work" to continue to receive benefits (under normal circumstances). Not sure how that is verified.
originally posted by: KKLOCO
a reply to: JIMC5499
Man people are dumb...
originally posted by: KKLOCO
a reply to: JIMC5499
EXACTLY!!!
I made a thread on March 8th that stated as much. The best thing we could have done, is chew it up and let our immune system spit it out.
www.abovetopsecret.com...
originally posted by: Edumakated
originally posted by: KKLOCO
a reply to: Edumakated
They are being told to panic. So what else is there to do, but panic?
People like us don’t like being told to feel one way or the other. So we are naturally dissident towards it.
Rules are either meant to be followed or broken. I’ve always veered towards to latter.
I’ve always appreciated your posts. 🍻 mate
What is crazy to me is that people can't see how illogical this shut down is...
We can go to a Wal-Mart for essential items even though a typical Wal-Mart even with all the social distancing might get a thousand or more people going in and out of the store on any given day.
On the other hand, we have to shut down the small businesses on Main Street who on a good day might get 25-50 people come through their doors in the name of social distancing.
originally posted by: KTemplar
originally posted by: Edumakated
originally posted by: KKLOCO
a reply to: Edumakated
They are being told to panic. So what else is there to do, but panic?
People like us don’t like being told to feel one way or the other. So we are naturally dissident towards it.
Rules are either meant to be followed or broken. I’ve always veered towards to latter.
I’ve always appreciated your posts. 🍻 mate
What is crazy to me is that people can't see how illogical this shut down is...
We can go to a Wal-Mart for essential items even though a typical Wal-Mart even with all the social distancing might get a thousand or more people going in and out of the store on any given day.
On the other hand, we have to shut down the small businesses on Main Street who on a good day might get 25-50 people come through their doors in the name of social distancing.
Oh and screw China!
Unemployment is funded, and taxed, at both the federal and state level:
The Federal Unemployment Tax Act (FUTA) tax is imposed at a flat rate on the first $7,000 paid to each employee. The current FUTA tax rate is 6%, but most states receive a 5.4% “credit” reducing that to 0.6%. There is no action an employer can take to affect this rate. Some of this federal money is used for loans to states that don’t have enough in their UI trust funds to pay claims. If the loans are not repaid, the federal government raises that state’s employer tax rate.
The State Unemployment Tax Act (SUTA) tax is much more complex. Employers pay a certain tax rate (usually between 1% and 8%) on the taxable earnings of employees. In most states, that ranges from the first $10,000 to $15,000 an employee earns in a calendar year.
Here’s where it gets tricky. Each state has its own finance method and its own calculation to determine the tax rate an employer pays. You can read about that here. For the purposes of this article, know that the tax is based on the employer’s taxable payroll, the amount the employer has paid into the UI system, and unemployment claims against the employer’s account (called “benefit charges”).
This is called an experience rating, and it can go up or down over time depending on the employer’s payroll and history with unemployment claims.