To: Desperado67; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; FromLori; Gilbo_3; ...
THE KEY PART :”
As this clip of his MSNBC interview shows, Grayson states repeatedly that unemployed people are entitled to unemployment benefits because they have paid for it through their paychecks. In the beginning of the clip Grayson specifically states: Republicans worked so hard to block any benefits to them even though theyve paid into the unemployment insurance system in every single paycheck. You look at your paycheck youll see there is a word on there called FUTA, F-U-T-A. People pay into this system. Its not welfare, its insurance. Well, it should not be all that surprising to find out that someone as nutty as Grayson is would be 100% wrong in the assertion that individual employees pay unemployment taxes. The IRS website describes the FUTA tax thusly: The Federal Unemployment Tax Act (FUTA), with state unemployment systems, provides for payments of unemployment compensation to workers who have lost their jobs. Most employers pay both a Federal and a state unemployment tax. A list of state unemployment tax agencies, including addresses and phone numbers, is available in Publication 926, Household Employer's Tax Guide. Only the employer pays FUTA tax; it is not deducted from the employee's wages. The last line is underlined for the benefit of people like Grayson, who apparently have no idea how unemployment insurance actually works. To summarize, unemployment insurance taxes are paid by employers. There are no deductions from employees paychecks for FUTA.”
I unfortunately talk to liberals here and they have claimed the same thing that Grayson said above. That the employees pay the FUTA. This came up because I pointed out the employer tax was raised (In Maryland) as unemployment went up, meaning the government made it more expensive to keep employees as unemployment went up.
10 posted on
07/22/2010 5:09:01 AM PDT by
sickoflibs
( "It's not the taxes, the redistribution is the federal spending=tax delayed")
To: sickoflibs; All
You tube has Grayson walking into a coffee shop, and attacking a small group of republicans having a quiet meeting. Grayson is screaming like a psychopath. He IS a psychopath.
13 posted on
07/22/2010 5:39:05 AM PDT by
stephenjohnbanker
(Support our Troops, and vote out the RINOS!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson