Monday, December 4, 2023

Tag: Unemployment Insurance Taxes

CalChamber Tags UI Bill SB 799 as a Job Killer

The California Chamber of Commerce has tagged SB 799 (Portantino; D-Burbank) as a job killer, citing the proposal’s requirement for employers to subsidize striking...

Study Shows Employers Paying Price for Strain on Unemployment Insurance System

California’s vast unemployment insurance system has been under enormous strain since 2020, and employers are paying the price. A study in consultation with two eminent...

Record Budget Surplus Calls for Tripling Down on UI Fund Offset

Californians have traveled a bumpy road to post-pandemic recovery, with healthy employment and wage growth on the one hand, but soaring inflation and cost-of-living...

Coalition Urges Legislature to Adopt $3B UI Debt Payment Budget Proposal

The California Chamber of Commerce and a broad-based coalition of employer organizations are strongly supporting Governor Gavin Newsom’s budget proposal to help reduce the...

State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt

Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...

Unemployment Fund Insolvency Will Lead to Payroll Tax Increases

With the legislative frenzy complete for the year, Sacramento’s policymakers are turning their eyes toward next year’s budget and their next round of legislative...

Legislative Action Can Avert Tax Hike on State Employers

Like the rest of California society, employers are cautiously hopeful the worst of the pandemic has passed. The wreckage of human life, family health,...

State Must Act Now to Pay Down Unemployment Insurance Debt

This pandemic created unprecedented unemployment, which was not only devastating to thousands of Californians and their families, but also drained the state’s unemployment insurance...

Legislature Passes Budget, Clearing Way for Real Negotiations

The Legislature fulfilled its constitutional obligation this week by approving a state budget just ahead of the June 15 deadline. But meeting the formal...

Rising Payroll Taxes Coming to Shore Up California’s Pandemic-Depleted UI Fund

As the 2021 crop of legislation is coming into form and moving through legislative committees addressing a range of topics, one topic is conspicuously...