Guess who pays for the unemployment expansion from 16 to the
current 99 weeks? The employer. Many folks including TV news
reporting outlets, believe that the unemployment fund is an equal share
between employ and employee. Not true. Unemployment benefits are
all on the employer. Not a penny is "donated" by the employee.
When Obama, or an Administration, glibly increases
unemployment benefits, it all comes out of the employers bottom line.
While Obama is
blowing smoke about being on the side of small business, he has taken
from small business in terms of the unemployment benefit tax, more than any
other president in history.
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