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

On a cozy autumn evening at the luxurious Umstead Hotel in Cary, a medley of corporate luminaries, s [...]

A fix for North Carolina’s class size crisis in March? A GOP senator from Wake County tells his cons [...]

Back in September, the N.C. Historical Commission put off a decision on removing three Confederate m [...]

449,235 - Total undergrad enrollment in North Carolina 19,767 - Total for-profit undergrad enrollmen [...]

Mounting student debt is a nagging problem for most families these days. As the cost of higher educa [...]

Latest racist attacks on immigrants could be an important tipping point As bleak as our national pol [...]

Grand constitutional questions in this country aren’t settled until the Supreme Court has its say, e [...]

The post Gerrymander struck down appeared first on NC Policy Watch. [...]

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