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The fund ran out of money. What a fucking mess. How can a state simultaneously have the richest companies in the world and not be able to fund basic social support systems?
But it’s the good state
If only workers paid into the unemployment fund every paycheck, then there’d be no argument for keeping their money from them. Oh, wait… we do.
No, you don’t, lol. Your employer does.
Unemployment is funded by a tax on employers, not employees.
That’s not how tax incidence works. A tax is applied to the transaction, and its burden depends on who has more bargaining power, not on who writes the check.
It’s called FUTA. Look it up. Also, there’s likely a state equivalent wherever you reside.
There is no act that changes how tax incidence works.
