By paying off the debt in 2015, projected subsequent higher federal taxes will be canceled. The proposal also would keep in place the current 20 percent state unemployment tax surcharge on all business until the state's trust balance exceeds $1 billion and require that surcharge to now be paid by both nonprofit groups and local governments.The bill also increases slightly the range of tax rates an employer must pay into the system based on its history, number of layoffs and other factors. The top-rated businesses could no longer get a zero percent rate â¿¿ it would go up to 0.06 percent on the first $21,000 of a worker's wages. The maximum rate would increase from 5.7 percent to 5.76 percent.
NC Unemployment Plan Hits Business, Beneficiaries
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