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All Business Owners - Unemployment Tax to Double Jan 1st
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Re: All Business Owners - Unemployment Tax to Double Jan 1st
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Steve Gearhart
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Dec 18 11 9:36 PM
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It seems the story even gets better. The fed will increase its share 100% each remaining year until the total amount with interest is paid off. So, January 1st the Fed will assess its share as 100% of the original amount. The following year the Fed will assess their portion at 200% of the base amount. This amount keeps increasing until it is paid off. The current projected date of payoff is 2015.
The Georgia employers get hit with this yet the Obama administration can loose $1.2 Billion on Solyndra. Since the federal government loaned the $1.2 billion, it seems only fair that each federal employee should be assessed a portion of the loss until it's paid off. -- Just venting!
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All Business Owners - Unemployment Tax to Double Jan 1st
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