Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: All of the states allow employers to make voluntary contributions into their state unemployment fund so that a lower tax contribution rate would be assigned
A: The unemployment compensation program is financed almost entirely from employer taxes. Alaska and New Jersey also tax employees, and Pennsylvania and West Virginia require employee contributions under certain conditions. [ The federal tax is 6.2 percent of the first $7,000 in wages paid to each employee. Employers receive credit of up to 5.4 percent for the taxes they pay under state
unemployment compensation laws. . . . At the state level, benefits are financed from state-collected employer taxes which, through deposited in the U.S. Treasury, are always available to the state for benefit purposes. . . . Each employer is assigned a particular tax rate based on its experience with unemployment, in relation to the experience of other employers. Experience is measured by the state's experience-rating system. Most states use the reserve ratio system. The amount of benefits charged to an employer is deducted from the amount of taxes it paid. The balance is divided by the employer's potential liability for benefits. State laws provide a variety of circumstances under which employers may be relieved of benefit charges. .............. ]
Expert answered|sujaysen|Points 1716|
Question
Asked 3/24/2012 12:15:03 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,529,492 questions answered
Popular Conversations
This year, after a lengthy, noisy debate, they decided to take ...
Weegy: This year, after a lengthy, noisy debate, they decided to take separate vacations. This is a Simple Sentence. ...
12/10/2017 4:51:34 AM| 4 Answers
What is the primary mission of the Department of Homeland ...
Weegy: The primary mission of the Department of Homeland Security is " ensuring that the United States and its citizens ...
12/12/2017 7:12:59 AM| 4 Answers
Which one of the following types of sentences gives a command or ...
Weegy: Do your work! The sentence above is an example of an IMPERATIVE sentence. User: Which one of the following ...
12/8/2017 6:12:32 AM| 3 Answers
Solve for x in the equation x + 10 = 15
Weegy: 39 squared is 1521 User: value of 12.5 × 107
12/14/2017 7:38:54 AM| 2 Answers
The American College of Sports Medicine (ACSM) recommends doing ...
Weegy: I thing adults should get at least 150 minutes of moderate-intensity exercise per week. [ Exercise ...
12/6/2017 9:19:04 AM| 2 Answers
Making it a point to work out with a friend is an example of a ...
Weegy: people might interpret a "fitness goal" differently but if what you want is to get healthier, then working out ...
12/7/2017 7:04:03 AM| 2 Answers
Weegy Stuff
S
L
Points 98 [Total 114] Ratings 4 Comments 58 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 5 [Total 5] Ratings 0 Comments 5 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
P
L
P
Points 1 [Total 166] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.