Phoenix $26,000,000 in the hole
Comments
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What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
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Always remember the golden rule of finance. He who has the gold makes the rules.salemcoog said:What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
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I think this is going to hit states relying on sales tax much harder than states without a sales tax. Income taxes will also be impacted, but states like California that rely heavily on both are screwed.
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Cali can do whatever they wantPandaOrangeChiknDuck said:I think this is going to hit states relying on sales tax much harder than states without a sales tax. Income taxes will also be impacted, but states like California that rely heavily on both are screwed.
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As of a couple weeks ago, Oregon had $5.5 Billion in their fund. That’s way too much for a state with 4 million people. So Oregon will onviously be ok.PurpleThrobber said:
Always remember the golden rule of finance. He who has the gold makes the rules.salemcoog said:What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
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Adolph Newsom is going to take it in the ass by the financiers.salemcoog said:
As of a couple weeks ago, Oregon had $5.5 Billion in their fund. That’s way too much for a state with 4 million people. So Oregon will onviously be ok.PurpleThrobber said:
Always remember the golden rule of finance. He who has the gold makes the rules.salemcoog said:What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
IN THE ASS!!!!
Benito Inslee might get by with just a facial.
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All that income tax from Ducks getting those high paying pump jockey jobs!salemcoog said:
As of a couple weeks ago, Oregon had $5.5 Billion in their fund. That’s way too much for a state with 4 million people. So Oregon will onviously be ok.PurpleThrobber said:
Always remember the golden rule of finance. He who has the gold makes the rules.salemcoog said:What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
