Uncategorized

A timely call for business to step up

The Winston-Salem Journal Sunday correctly called for North Carolina businesses to pay the debt the state owes the federal government for unemployment benefits.

The topic is also the subject of today’s Monday numbers.  Here’s one of those numbers that puts the debt into perspective.

2.8 billion—amount in dollars that would have been in North Carolina’s unemployment insurance trust fund in 2004 if the state had required contributions from employers at the national average tax rate from 1990-2004

But instead North Carolina policymakers slashed unemployment taxes on businesses six times from 1992-2000.

2 Comments


  1. Alex

    September 17, 2012 at 10:35 am

    Who was running the legislature during those years ?

  2. gregflynn

    September 17, 2012 at 1:07 pm

Check Also

Anthony Scaramucci thought HB2 was “shameful”

Anthony Scaramucci, President Trump’s new communications director, was ...

Top Stories from NCPW

  • News
  • Commentary

State Board of Elections & Ethics Enforcement refuses to disclose any details of probe into alle [...]

Senate favors form of merit selection for judges as alternative to House judicial redistricting bill [...]

North Carolinians hoping to find out who’s been funding Rep. Justin Burr’s crusade this legislative [...]

The SePro Corporation is receiving as much as $1.3 million in taxpayer money to chemically kill the [...]

Here is something you probably haven’t heard much lately, if at all, given the shocking news from Ch [...]

Lawmakers to return to Raleigh yet again; agenda may include dangerous “de-reg” proposal The North C [...]

The three federal judges could have just come right out and said it: The Republicans who rule the N. [...]

3---number of states that adopted new state Earned Income Tax Credits in 2017---Montana, Hawaii, and [...]

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more