Sen. Charles Schumer is calling for an end to a new government surcharge that amounts to roughly $20 per worker for New York businesses.
The Rochester Democrat and Chronicle reported that Schumer called the surcharge an example of “job-killing taxes.”
He was in Rochester on Tuesday at American Aerogel, a maker of thermal insulation.
Schumer was talking about the no-interest loans the federal government began providing in 2009 to state unemployment insurance funds. Congress didn’t extend the interest-free provision, meaning states now are having to institute new fees on employers to pay interest on the borrowed money.
Schumer said that amounts to about $95 million a year being levied on New York companies.
Was this article valuable?
Here are more articles you may enjoy.
Helicopter Crash in Georgia Kills Groom, Pilot, Hours After Huge Wedding Celebration 
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI 
DeSantis Plan to Cut Florida Property Taxes Heads to Ballot—With Schools Removed 
