Millionaires on Unemployment?

[Jermyn Davidson]

This article explains clearly why this seemingly preposterous scenario is actually not preposterous.

Indeed, it's actually fair.


http://finance.yahoo.com/career-work...rklife_balance

[coadie]

More hate posts from Jermyn on the wealthy.

It is the law. If you have a job and your employment is covered by state and federal unemployment taxes, you can collect unemployment legally.

Your pal Pelosi says unemployment checks boost the economy.

http://www.youtube.com/watch?v=WUAG3...layer_embedded

[Praxeas]

Don't they look at your finances first? I mean you can't collect SSI in California if you got a million dollars in the bank. They'd tell you to spend that first before you can collect SSI or Medi-cal

[coadie]

Originally Posted by Praxeas

Don't they look at your finances first? I mean you can't collect SSI in California if you got a million dollars in the bank. They'd tell you to spend that first before you can collect SSI or Medi-cal

Unemployment. FUTA covers it. SSI disability etc is a different tax deal. 940 tax returns we submit an unemployment tax on each worker for the first $7,000 of gross earnings each year.
It is on a sliding scale depending on a companies unemployment claims history.

[canam]

Originally Posted by Praxeas

Don't they look at your finances first? I mean you can't collect SSI in California if you got a million dollars in the bank. They'd tell you to spend that first before you can collect SSI or Medi-cal

Its not welfare prax, you pay it in ,your employer matches it.(although my kids all thought of it as welfare and never have filed for anything to this day)

[coadie]

Originally Posted by canam

Its not welfare prax, you pay it in ,your employer matches it.(although my kids all thought of it as welfare and never have filed for anything to this day)

Social security is split with employer. Unemployment taxes are employer only and can't take a nickle from the worker.

[canam]

My bad . Thanks

[Jermyn Davidson]

Originally Posted by coadie

More hate posts from Jermyn on the wealthy.

It is the law. If you have a job and your employment is covered by state and federal unemployment taxes, you can collect unemployment legally.

Your pal Pelosi says unemployment checks boost the economy.

http://www.youtube.com/watch?v=WUAG3...layer_embedded

Coadie you're not reading what I have posted.


I cited the article as explaining why something that would seem preposterous is actually fair.


Please take the time to read what I actually type before criticizing.

I am a balanced Conservative.

Are you?

[coadie]

Originally Posted by Jermyn Davidson

Coadie you're not reading what I have posted.


I cited the article as explaining why something that would seem preposterous is actually fair.


Please take the time to read what I actually type before criticizing.

I am a balanced Conservative.
Are you?

You are neither balanced nor conservative.


No it never seemed preposterous because i have filed 940 forms and paid FUTA and state for decades.

[Jermyn Davidson]

Originally Posted by coadie

You are neither balanced nor conservative.


No it never seemed preposterous because i have filed 940 forms and paid FUTA and state for decades.

Coadie,

Maybe it never seemed preposterous to you, but it does to others.

The point of this thread was to show that it is not preposterous, but it is actually fair.


Would you like to discuss something that we may agree on in a civil manner?