Um, how isn’t this a thing already? (Millionaire=people who earn $1M yearly)
Sorry for Fox News, but it’s the best source with this headline and it says it’s bipartisan so we should probably be good.
Um, how isn’t this a thing already? (Millionaire=people who earn $1M yearly)
Sorry for Fox News, but it’s the best source with this headline and it says it’s bipartisan so we should probably be good.
Honestly, after a day to mull it over, I’m concerned that it could be used to make the argument that they shouldn’t have to pay into it.
You think these people are paying their fair share of taxes?
Why should someone pay into employment insurance if they won’t get employment insurance?
It’s capped, it’s not like they are getting copious amounts.
If you wanna tax them more tax them more other ways with an actual tax.
Remember, its not a tax. It’s insurance. They paid for it.
Edit: in Canada anyway… it’s a separate deduction from taxes, specifically for EI.
Edit: another way to think about it is in Canada we have the CPP (canada pension plan) which is also not a tax that comes off each cheque. It pays into our pension, and we get a set amount back when we retire based off what we put in. You can’t just say oh if you made this much you don’t get your cpp. It’s not a tax, it’s something they’ve paid into and it’s rightfully theirs.
In the US, it’s just another payroll tax, not something you can choose.
Right, you can’t choose it, but is it another line that says employment insurance? I doubt it says EI Tax.
That’s not a tax then, it’s buying into something. If you pay part of your benefits on your payroll it also isn’t a tax but comes off it.
My payroll slip actually says federal tax on the taxes.
Edit: clarity and Mandatory insurance isn’t a tax
If it’s just the name’s that different and it goes to the state, it is a state tax. The arguments for not paying it and not paying for, say, medicare are about the same.
So in Flordia, where you are required by law to have hurricane insurance if you have a mortage, is that a tax?
Edit: Ones for houses, the other is for employment. Both are required by the state. There’s even state offered insurance as private are fleeing the state.
Edit: Oh also, do you actually have a separate line for medicaid or medicare on your payroll slips for everyone? Our healthcare in Canada is just part of our regular taxes. There’s no line item for it.
Yes, I’d call Hurricane insurance a tax.
Yes, Medicaid is definitely a tax. I was just making an example that having a different name shouldn’t bolster the argument that you shouldn’t pay something by any means.
Weird, my inbox only flagged this as new 6h later even though I’ve opened the app a lot…
I’m not saying they shouldn’t pay it, I’m saying they shouldn’t be denied the service they’ve paid for which is what the law is trying to do.
I disagree that hurricane insurance is a tax, but if we assume that’s the case, then this law would in essence be, if your house is destroyed in a hurricane and you make $X we don’t actually cover your house anymore.
I don’t think that’s right, and I disagree its a tax.
Edit: I guess my car insurance is a tax too by your view as it’s mandatory and it’s even you’re required to get a minimum coverage from the province.
Edit: and I guess if it wasn’t clear, I support them not paying it if they don’t benefit because I disagree its a tax, but I think they should be required to pay it and benefit from it. If you want to tax them more, raise their taxes. The law is bad. They paid for insurance and deserve it.
And the concern is giving them justification.