Alaska Governor Seeks To Cut Unemployment Tax
JUNEAU, Alaska (AP) â¿¿ Alaska Gov. Sean Parnell is seeking to reform the unemployment tax law.
He told lawmakers gathered in Juneau for his annual State of the State address that the tax burden on Alaskans and Alaska employers needs to be reduced.
The state took in an additional $20 million last year in unemployment insurance contributions even though he says the fund was funded.
He wants to create a formula to determine if the fund is solvent. If so, he wants to cut unemployment taxes.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts