America’s jobless owe thousands of dollars in taxes on their unemployment

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7 thoughts on “America’s jobless owe thousands of dollars in taxes on their unemployment

  1. Yes, why don’t we bail out stupidity or the I’ll worry about paying taxes latter crowd. Why play by the rules when someone will come along and take care of your problem. I didn’t know I was going to have to pay taxes on that money. Oh give me a break. Then why does it give you the option to withhold money for taxes? I think human nature is give me all of it now and I’ll worry about taxes later. This begs the solution of automatically withholding at least 10% or making people estimate their total income for the year and withhold based on that. If people can’t manage this on their own then why let them.

  2. What a bunch of greedy people on this board. Have any of you ever lost your job and had to settle for a lousy $390 a week tops? U/C pays a mere fraction of what people used to make and frankly, yes!, it should be tax free. Employees have already paid for this benefit via employer payroll taxes which basic econ theory tells you is borne by the employee through lower wages than would otherwise be afforded by the employer.

    1. Yes, Randy; I lost my job once and applied for unemployment benefits. After jumping through all the hoops and collecting two checks, I determined I’d make a lot more money if I just used my talents and modest severance pay from my previous job and became an entrepreneur, rather than sitting around on my butt watching TV and feeling sorry for myself…and expecting others to do likewise. I made a lot more money that way and never looked back…and that was exactly 40 years ago as of January 18, 2021. (What is it about the IBJ Comments section that draws annoying, clueless bleeding-heart liberals to it like flies?)

    2. Same thing that draws hard-hearted people such as yourself. You know, some people lose a job unexpectedly and it may take them a few weeks to find another, maybe even longer. Most get no severance. And in the current pandemic-induced deep recession, a new job may be hard to come by. It doesn’t need to fit in your tidy box of being a low-life lazy person – the fact that is the image you reach of says more about you then them. May God help you find your way, my friend.

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