- Nov 30, 2006
Quick note...you do have to pay taxes after $10,500 (which is new with the latest stim) but after that you do.To beat unemployment right now, a job would need to offer $18.50+, just to break even with what someone gets on unemployment each week. Also, the person on unemployment isn't required to have taxes taken out from their weekly unemployment check, so that makes it an even larger gap.
I can understand why someone wouldn't want to take a pay cut, just so they can say they have a job. The system gives and the system takes. They are smart to take what it gives while they can.
Bottom line, I think it was a good idea to extend them the last time, but extending them again I don't think would be a good idea. September is when they expire, but we need to fight the antivaxxers that could stop us from not being 100% open by then.
Bottom line I'd rather have the unemployment benefits high for a slightly too long period of time than a too short period of time.