I was told that the employer is 100% responsible and although I know they are the one's paying the government for the unemployment, aren't they allowed to raise or lower the unemployment tax on our paychecks which ultimately shows that we pay into our own unemployment?
2007-09-11 15:34:54 · 9 answers · asked by stephanie s 1 in Business & Finance ➔ Taxes ➔ United States
The employer pays a certain percentage of the yearly wages to the employment commission. IE unemployment tax.
For my first year of business with employees I have to pay 1.5 percent of the yearly salary up to $14,000.00 per employee. After one year the amount goes up on the yearly wages. Now this in in Oklahoma I am not sure if it is different in other states. I know if you draw unemployment your weekly draw is based on what has been paid in for you over the years by all employers you have had. It is not based on what you were making at the time you lost the job. You can only draw for a certain period of time.
Yes the employer is the one who pays into the fund for you. They also pay 1/2 of your social security that is based on salary. Now that Good luck if you are able to get that when you retire.
2007-09-11 15:41:40 · answer #1 · answered by sewcrafty007 3 · 2⤊ 0⤋
The State pays unemployment benefits. In most states employers pay unemployment taxes that fund the system. In those states, employers are NOT allowed to pass that on to their employees.
In a few states, employees are taxed to pay for part of the unemployment system. Employers also pay unemployment taxes in those states and are not allowed to pass the employer share on to employees.
2007-09-12 00:11:54 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Technically, the government pays unemployment; your employer is required to pay a TAX to support the program. I don't know about where you live, but here the state sets the rate and everyone pays that amount. In the event that your case costs more than your employer paid in, the money comes from other employers' taxes. If the program as a whole costs more than is paid in, the difference comes out of *everyone's* taxes.
It's the same kind of scam as Social Security, just different details.
2007-09-11 22:46:01 · answer #3 · answered by dukefenton 7 · 0⤊ 1⤋
The employer pays and that's why the employer is given the opportunity to contest an employee's application for unemployment benefits.
2007-09-11 22:44:54 · answer #4 · answered by Emily Dew 7 · 0⤊ 1⤋
no - the employer pays unemployment tax and like all the government taxes, the percentage and how much is paid by whom is fixed.
2007-09-11 22:41:01 · answer #5 · answered by treehse65 4 · 0⤊ 0⤋
The employer pays it to the state. It doesn't come out of your paycheck.
2007-09-14 03:16:10 · answer #6 · answered by Judy 7 · 0⤊ 0⤋
no your company is the one who pays the unemployment if you get fired blah blah, i dont have any unemployment tax on my check so i have no idea where you are getting that...are you in a union? because im not and maybe that is the difference?
2007-09-11 22:39:58 · answer #7 · answered by bailie28 7 · 0⤊ 0⤋
Your employer pays and you recieve according to your
earnings.
2007-09-11 22:40:57 · answer #8 · answered by hopefulone 2 · 0⤊ 0⤋
I think you'll find your answer here:
http://en.wikipedia.org/wiki/Unemployment_benefit#United_States
2007-09-11 22:42:56 · answer #9 · answered by Stan W 5 · 0⤊ 0⤋