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Florida Cuts Unemployment Benefits To Pay For Corporate Tax Cut
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05-08-2011, 10:47 PM
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Xxmlqevq
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Florida Cuts Unemployment Benefits To Pay For Corporate Tax Cut
Think Progress:
http://thinkprogress.org/2011/05/08/...its-corporate/
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 system
despite 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.
...
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.
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