The company I work for received its new unemployment insurance tax rate from TWC. It is triple what it was in 2009, yet our company hasn't let anyone go and has had no claims filed.
Now I realize that the reason given for the increase is the recession, but then I saw in the newspaper where a local daycare received a $10,000 grant from TWC to buy toys. And another daycare says they also received "a huge grant for equipment." Does it make sense to be buying stuffed animals when the business owner is already overtaxed? Does it make sense to tax him for tricycles and swings when that just might be the tipping point where he has to let someone go and the recession gets worse? Doesn't make sense to me.
"Reaching for the stars." The Paris News; January 4, 2010; p. 1A.
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It also doesn't make sense that people are getting $10,000.00 plus income tax refunds, when I know that they didn't pay in a 10th of that!!! Good grief, no wonder the U.S. is in such debt!
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