California won’t be giving unemployment checks to workers on strike. While state lawmakers passed a bill to make California the third state to do this, Democratic Gov.
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.
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.