In South Carolina, Business Tax Cuts on Unemployment Funding Come Back to Bite!

What happens when a state has paid out huge amounts of money for unemployment that they cannot afford? South Carolina decided to make up the shortfall by having businesses pay back the money used .

This is a wonderful video. The businesses go through their usual song and dance. 1) We are surprised by this tax increase. 2) It’s monstrous. 3) It’s the unemployed’s fault. 4) It’s not our fault. And the utterly inevitable 5) We are going to cut back on hiring and expansion. Surprise, fear, blame shifting, innocence and revenge. They should get a new writer.

How many of these people, these businesses, gave a thought for one moment whether or not unemployment was properly funded? How many of them screamed foul when their taxes to pay unemployment were cut?

By the way, please note the complete lack of balance or even a simple inquiry into the facts of the matter by the “news” station.

They simply aired what is essentially a little pro-business PR piece.

James Pilant

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