Suppose that you can convince an American worker to get off the couch, stop cashing checks from Joe Biden, and don a mask for the CDC-required 8 hours per day? If you’re an employer in Maskachusetts, in addition to paying higher wages you’ll be paying a higher percentage of those wages in unemployment insurance premium.
Email from the Massachusetts Department of Unemployment Assistance, July 15, 2021:
Dear Massachusetts Employer,
… As part of the Commonwealth’s plan to manageably spread over time the cost of benefits paid by the UI Trust Fund in 2020 and 2021 during the COVID-19 crisis, experience-rated employers will be charged a quarterly COVID-19 Recovery Assessment. The 2021 COVID-19 Recovery Assessment Rate Schedule on page 6 shows the assigned COVID-19 Recovery Assessment rate for each UI rate, equal to 10.50% of an employer’s corresponding UI rate. The COVID-19 Recovery Assessment will be retroactive to January 1, 2021. …
Thank you,
DUA Rate Setting Team
Another great reason to use contractors rather than employees whenever possible!
Hiring contractors won’t help because I suspect thr same tax raise applies to self-employed as well.
Classical communism: fools who work pay for the welfare of bums. Eventually the fools wise up and stop working too. And then the way people are inducef to work becomes punitive: those who slack are sent to jails.
In Calif*, unemployment insurance is charged to the employee, hence why all gootubers are self employed democrats instead of W-2 filing democrats. Guess they’d all be employees in Greenspunchusetts.