This blog is a place for journalists to discuss their experiences covering poverty. It works in tandem with onpoverty.org, a site run by Washington and Lee University's American Poverty Journalism Center.
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Unemployment fund shortfalls in Vermont may lead to higher employer taxes
Decreases in Vermont’s unemployment fund may prompt large tax increases on employers and a squeeze on benefits for those who lose their jobs. A proposal now before the state legislature would require employers to pay another $40 million in taxes a year for the next two years, while cutting the benefit paid to jobless workers. The state’s unemployment insurance fund may be failing by the end of the year and may have to borrow $35 million in 2010 to remain solvent.
Original story
Labels: jobless, taxes, unemployment, vermont
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