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re: JBE threatening businesses with 30% Surtax on Payroll to pay unemployment

Posted on 7/29/20 at 6:07 pm to
Posted by B4YOU
Member since May 2018
344 posts
Posted on 7/29/20 at 6:07 pm to
quote:

He's wanting Congress to replenish our unemployment trust fund or forgive federal loans Louisiana will have to take out for the trust fund.


This is what governors all over the nation are hoping for. JBE’s letter is stating the consequences of inaction by either the LA legislature or Feds. JBE isn’t threatening to raise taxes. These actions are already state law.

The real hope is the Feds approve grants instead of loans to state trust funds. Alternatively, LA could drop UI down to $100-200 and let the Feds cover loss wages. With the Senate 70% wage plan, lowering state UI would push the burden onto the Feds.
Posted by Skin
Member since Jun 2007
6386 posts
Posted on 7/29/20 at 6:08 pm to
quote:

JBE threatening businesses with 30% Surtax on Payroll to pay unemployment


Slightly misleading thread title. JBE is asking LA congressional members for federal relief. The 30% surtax is already in the bylaws to fund unemployment if there is a shortfall. In the letter, he says the surtax is a last resort and states this as the reason he’s asking for a forgivable loan.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
54819 posts
Posted on 7/29/20 at 6:27 pm to
quote:

She replies to most of his tweets about letting prisoners out
It’s odd

are we not the incarceration capital of the world?
Posted by loogaroo
Welsh
Member since Dec 2005
42364 posts
Posted on 7/29/20 at 6:37 pm to
quote:

With the Senate 70% wage plan, lowering state UI would push the burden onto the Feds.


So Nancy is going to cave tomorrow?
Posted by Thunder
Western by God Vernon Parish
Member since Mar 2006
2421 posts
Posted on 7/29/20 at 6:42 pm to
quote:

How in the hell did you guys vote for this complete tool over David Vitter and then reelect him?

Because he likes pussy that's why! Imagine that!
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
30281 posts
Posted on 7/29/20 at 6:53 pm to
quote:

Maybe cut unnecessary state spending first you fricking hack.


Good thought but this tax triggers by law so even if JBE wanted to cut instead he legally couldn't ....this tax triggers if the UI trust fund drops below $100,000,000 I think.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
89046 posts
Posted on 7/29/20 at 6:55 pm to
quote:

And the begging the Federal government for money begins.


I’ve got news for you: there is no plan for a Phase 3. There never was one.
Posted by BigJim
Baton Rouge
Member since Jan 2010
15081 posts
Posted on 7/29/20 at 7:36 pm to
Man, that is so unlike him to threaten massive devastation if he doesn't get what the wants...




(LSU Football, seniors in nursing homes).

Posted by TigerDeBaiter
Member since Dec 2010
10728 posts
Posted on 7/29/20 at 7:38 pm to
Time to recall that fricking hack
Posted by WinnPtiger
Fort Worth
Member since Mar 2011
25001 posts
Posted on 7/29/20 at 8:32 pm to
quote:

are we not the incarceration capital of the world?


definitely the capitol of something
Posted by Keltic Tiger
Baton Rouge
Member since Dec 2006
22020 posts
Posted on 7/29/20 at 8:39 pm to
Exactly. This tax is already in place & triggered when the trust fund drops below $1M. This can't happen till the first of the year & when it kicks in, the State's weekly unemployment amount drops approximately $20 or so.
Posted by diat150
Louisiana
Member since Jun 2005
47807 posts
Posted on 7/29/20 at 8:45 pm to
30% tax on full payroll amount or 30% increase on the state unemployment tax?
Posted by wryder1
Birmingham
Member since Feb 2008
4939 posts
Posted on 7/29/20 at 9:44 pm to
quote:

Slightly misleading thread title. JBE is asking LA congressional members for federal relief. The 30% surtax is already in the bylaws to fund unemployment if there is a shortfall. In the letter, he says the surtax is a last resort and states this as the reason he’s asking for a forgivable loan.


frick a loan or anything! Open the damn economy up. He caused this bullshite but shutting the economy down far longer than it should have. This is bullshite.
Posted by wheelr
Banned
Member since Jul 2012
6028 posts
Posted on 7/29/20 at 9:58 pm to
Muh surplus
Posted by MetrySaint24
Metairie
Member since Nov 2018
740 posts
Posted on 7/29/20 at 10:04 pm to
The Democrat platform has always been to make as many people dependent on them for financial survival as possible. This fits perfectly with that. Putting the whole country on unemployment has been a wet dream for them.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29741 posts
Posted on 7/29/20 at 10:29 pm to
You want to actually see a giant sucking sound well this is how you do it. The out migration of businesses will be unlike anything ever seen before.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29741 posts
Posted on 7/29/20 at 10:30 pm to
quote:

30% tax on full payroll amount


surtax on businesses of up to 30% on taxable payroll. Lock up the doors the party is over
Posted by tonydtigr
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
6704 posts
Posted on 7/29/20 at 10:39 pm to
quote:

You get the government you deserve.

Louisiana has elected this guy.

Twice.


100% correct.
Louisiana "republican" voters are too stupid to vote for the lesser of two evils. Instead, they get offended by a candidate and vote democrat or don't vote at all, to "get even" and end up fricking themselves in the arse repeatedly.
Posted by LSUJML
Central
Member since May 2008
56500 posts
Posted on 7/29/20 at 10:50 pm to
quote:

Slightly misleading thread title. JBE is asking LA congressional members for federal relief. The 30% surtax is already in the bylaws to fund unemployment if there is a shortfall. In the letter, he says the surtax is a last resort and states this as the reason he’s asking for a forgivable loan.


How quickly can this get fixed / approved?

Also, per the link benefit will go from 247 to 221


Posted by TigerInMidtown
Spring, Texas
Member since Sep 2018
69 posts
Posted on 7/29/20 at 11:11 pm to
Louisiana is getting everything it deserves and then some. So glad I left even with douche Abbott
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