First.......entitled is such a BS word to use. YOU have up to 26 weeks where you can collect it. To use the word entitled, you TREAT it like welfare, which it is not.Originally Posted by waterdog101
Second.......you are wrong on paying more into the system then you will ever receive. If that were the case, then we'd not be trying to figure out how to pay for Unemployment Benefits every time the Congress meets. Maybe for a particular individual who collect unemployment benefits for 26 weeks.....ONCE in their lifetime, but even then I doubt it.
From Wiki:
The FUTA tax rate was originally three percent of taxable wages collected from employers who employed at least four employees,[23] and employers could deduct up to 90 percent of the amount due if they paid taxes to a state to support a system of unemployment insurance which met Federal standards,[21] but the rules have changed as follows. The FUTA tax rate is now, effective after June 30, 2011, 6.0 percent of taxable wages of employees who meet both the above and following criteria,[22] and the taxable wage base is the first $7,000 paid in wages to each employee during a calendar year.[22] Employers who pay the state unemployment tax on a timely basis receive an offset credit of up to 5.4 percent regardless of the rate of tax they pay their state. Therefore, the net FUTA tax rate is generally 0.6 percent (6.0 percent - 5.4 percent), for a maximum FUTA tax of $42.00 per employee, per year (.008 X $7,000 = $56.00). State law determines individual state unemployment insurance tax rates.[22] In the United States, unemployment insurance tax rates use experience rating.[24]
http://en.wikipedia.org/wiki/Unemployment_benefits
Later,
Geo
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