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Are you in favor of cuting unemployment benefits to pay for a coprorate tax cut..(state has LOW corporate taxes already)?

In the last few months, conservatives in several states have moved to limit unemployment benefits, even with the national unemployment rate at 9 percent and more than 40 percent of the unemployed having been out of work for six months or more. Conservative lawmakers in Utah falsely claimed that cutting jobless benefits would be “motivation for people to get back to work,” while Michigan gutted its unemployment insurance systemdespite having one of the highest unemployment rates in the nation.

Florida Republicans this weekend also succeeded in reducing their state’s unemployment benefits, sending a bill to Gov. Rick Scott (R-FL) for his signature:

A bill that would establish some of the deepest and most far-reaching cuts in unemployment benefits in the nation is heading for the desk of Gov. Rick Scott…The legislation would cut maximum state benefits to 23 weeks from 26 when the jobless rate is 10.5 percent or higher. If lower, the maximum would decline on a sliding scale until bottoming at 12 weeks if the jobless rate was 5 percent or less.

As the National Employment Law Project pointed out, with this bill, Florida will “go further than any other state in dismantling its unemployment insurance system.” The Republican sponsor of the bill, state Sen. Nancy Detert (R), relied on the same false assumption as the lawmakers in Utah, saying that cutting benefits “encourages people to get back into the job market.” Research by the San Francisco Federal Reserve has found that workers who qualify for unemployment benefits stay unemployed just 1.6 weeks longer than those who do not qualify for such benefits.

Even before this legislation, Florida’s benefits were amongst the stingiest in the nation. Once it becomes law, Floridians will not receive the national standard of 26 weeks of unemployment benefits unless the state’s unemployment rate, currently at 11.1 percent, tops 12 percent. As the Miami Herald pointed out, the bill also makes it “easier for companies to keep former workers from collecting benefits.”

Adding insult to injury, the money saved from cutting unemployment benefits will be used to reduce business taxes in a state where the corporate tax rate is already exceedingly low. Scott had been looking to cut corporate taxes even further, but was rebuffed by the legislature.

Answer Question

Asked by sweet-a-kins at 8:19 AM on May. 9, 2011 in Politics & Current Events

Level 34 (67,502 Credits)
Answers (18)
  • no.freaken.way.

    the thought infuriates me....

    Answer by samurai_chica at 8:56 AM on May. 9, 2011

  • The people who want to make these kinds of cuts don't seem to understand that one cannot get work if the jobs are not available and with companies continually sending work off-shore, we are losing more and more jobs (or at least the jobs that pay a wage one could provide for their family with). Everytime anyone mentions ending corporate tax cuts, people scream that it's not fair to "take from the rich and give to the poor", however with things like this, they are in effect taking from the poor and giving to the rich. People have been brainwashed by corporations for years into believing that corporate tax cuts result in jobs & in a sense they do, the jobs just are NOT in this country anymore. Fuuny how Republicans, who have always supposedly been for the average person, are now doing all they can to ensure the corps. and very wealthy aren't "burdened" with the taxes the rest of the population pays.

    Answer by meriana at 8:59 AM on May. 9, 2011

  • I don't have a problem with it. I believe 6 months is the (old) standard amount of unemployment benefit given. I could see possibly an extra month or 2 in our current situation but when you have some states allowing 2 years of benefits (that they don't have the money to pay for) it's time reign it in. There is no way this should not have been expected. With the government pushing mandatory costs in every direction on the states (so they look like they are trying to fix things) it's making it harder for them to fulfill typical everyday expenditures. they have had to start laying off workers and cutting programs that have been in effect for years. This is just another unintended (?)consequence of government getting into things they have no business in.

    Answer by itsmesteph11 at 9:06 AM on May. 9, 2011

  • In the state I'm in, yes. But in most states no. I'm in North Dakota, anyone who is here and doesn't have a job is choosing not to work. I wasn't even actively seeking a job and was offered 2 different positions last week. No reason anyone here should be on unemployment for more than a couple weeks.

    But we're not the norm.

    Answer by miss_lisa at 10:15 AM on May. 9, 2011

  • Oregon is almost out of unemployment money...2 weeks left...what then? My businesses pay 6.4% in unemployment taxes (based on wages).

    I would support cutting corp taxes for business actually PAYING them. I also support cutting all loopholes and whopping companies like GE don't get off scot free.

    Answer by yourspecialkid at 10:26 AM on May. 9, 2011

  • Corporations & their ridiculous spending & borrowing & tax cuts are why we are in the freaken mess in the first place... They don't deserve a fucking tax break!

    Answer by samurai_chica at 10:44 AM on May. 9, 2011

  • I disagree samurai. It's far more complicated than that, deregulation of the mortgage industry, spending money we didn't have (this is everyone from your average every day citizen to the fed), cutting taxes for the wealthy as well as corporations, etc. put us in the mess we are in.

    You're oversimplifying the problem, and if you want more jobs to be created then you'd free up more money for business's to spend on things like salaries by cutting their taxes.

    Answer by miss_lisa at 10:47 AM on May. 9, 2011

  • Absolutely not. You can only assume these corporations will put that money back in the hands of americans which so far for almost a decade that hasn't happenened. Then you have to assume that these people are just being lazy and can find work to support whatever lifestyle they are accustomed to. It seems like they're just trying to convince people of the same things that haven't worked everytime they take from the less fortunate and give to the more fortunate. How can it be best for everyone to take food from a family and give it to a fellow to take an extra vacation.
    Yesterday we gave our lawnmower away on Craigslist "to someone who needs and can't afford one" The guy who called couldn't come get it b/c his job let him go after 20 yrs and he lost his vehicle. How will he find work now? So my husband called me and told me to bring the title to the truck.We'll never be rich that way but maybe he'll be OK

    Answer by CHarlan at 11:33 AM on May. 9, 2011

  • So someone is either happy that Oregon is out of unemployment money or they want GE to continue to not pay any taxes. Nice.


    Answer by yourspecialkid at 11:46 AM on May. 9, 2011

  • Corporations do put money back into the hands of Americans. People seem to forget that corporations are owned by STOCKHOLDERS...thousands of people with a stake in the company. These people not only get dividends but they get the growth of the company that is reflected in the price of the stock. Pensions all across the country depend on those evil corporations for the money they use to pay their retirees.............REGULAR AMERICANS.

    Besides, businesses should have money put back for a rainy day. The businesses that didn't either failed or they got a bailout..both of which people gripe about. Which is it...let them save some money or bail them out? It sounds to me like they can't win no matter what they do.

    Answer by yourspecialkid at 11:51 AM on May. 9, 2011

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