OT: Unemployment Abuse

[Leorocky]

nobody “pays in” in CA. The premiums are 100% funded by your employer.

[sdduuuude]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

i.e. I am my employer, so the premiums are 100% funded by me.

[sdduuuude]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

i.e. I am my employer, so the premiums are 100% funded by me.

[sdduuuude]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

i.e. I am my employer, so the premiums are 100% funded by me.

[sdduuuude]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

i.e. I am my employer, so the premiums are 100% funded by me.

[sdduuuude]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

i.e. I am my employer, so the premiums are 100% funded by me.

[ybitz]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]
Well, the employer makes money off of your labor, and if the employer did not have to pay the unemployment tax one’s pay would presumably be higher. So in many ways it’s the same as if you had to pay it…comes down to semantics.
Reminds me of the saying that buyers don’t pay commission for real estate agents, the seller does, so you might as well as one because they are free. Always seemed silly to me, since the buyer is the only one bringing money to the table, so in essence is the one that is actually paying the cost of the commissions.

[ybitz]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]
Well, the employer makes money off of your labor, and if the employer did not have to pay the unemployment tax one’s pay would presumably be higher. So in many ways it’s the same as if you had to pay it…comes down to semantics.
Reminds me of the saying that buyers don’t pay commission for real estate agents, the seller does, so you might as well as one because they are free. Always seemed silly to me, since the buyer is the only one bringing money to the table, so in essence is the one that is actually paying the cost of the commissions.

[ybitz]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]
Well, the employer makes money off of your labor, and if the employer did not have to pay the unemployment tax one’s pay would presumably be higher. So in many ways it’s the same as if you had to pay it…comes down to semantics.
Reminds me of the saying that buyers don’t pay commission for real estate agents, the seller does, so you might as well as one because they are free. Always seemed silly to me, since the buyer is the only one bringing money to the table, so in essence is the one that is actually paying the cost of the commissions.

[ybitz]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]
Well, the employer makes money off of your labor, and if the employer did not have to pay the unemployment tax one’s pay would presumably be higher. So in many ways it’s the same as if you had to pay it…comes down to semantics.
Reminds me of the saying that buyers don’t pay commission for real estate agents, the seller does, so you might as well as one because they are free. Always seemed silly to me, since the buyer is the only one bringing money to the table, so in essence is the one that is actually paying the cost of the commissions.

[ybitz]

[quote=Leorocky]nobody “pays in” in CA. The premiums are 100% funded by your employer.[/quote]
Well, the employer makes money off of your labor, and if the employer did not have to pay the unemployment tax one’s pay would presumably be higher. So in many ways it’s the same as if you had to pay it…comes down to semantics.
Reminds me of the saying that buyers don’t pay commission for real estate agents, the seller does, so you might as well as one because they are free. Always seemed silly to me, since the buyer is the only one bringing money to the table, so in essence is the one that is actually paying the cost of the commissions.

[blahblahblah]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

So in the scenario you describe, you are not actually unemployed. Analogous situations would be a law firm with no clients, a dentist with no customers, etc… You would only become unemployed if the corporation you own lays you, the employee, off. Unlikely to happen, but not unheard of. Perhaps your company grows, you hire some employees to take over your tasks, and you no longer require your services. At that point, the corporation could lay you off, you could collect unemployment, and — wait for it — you would still get your distribution if the company is profitable.

[blahblahblah]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

So in the scenario you describe, you are not actually unemployed. Analogous situations would be a law firm with no clients, a dentist with no customers, etc… You would only become unemployed if the corporation you own lays you, the employee, off. Unlikely to happen, but not unheard of. Perhaps your company grows, you hire some employees to take over your tasks, and you no longer require your services. At that point, the corporation could lay you off, you could collect unemployment, and — wait for it — you would still get your distribution if the company is profitable.

[blahblahblah]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

So in the scenario you describe, you are not actually unemployed. Analogous situations would be a law firm with no clients, a dentist with no customers, etc… You would only become unemployed if the corporation you own lays you, the employee, off. Unlikely to happen, but not unheard of. Perhaps your company grows, you hire some employees to take over your tasks, and you no longer require your services. At that point, the corporation could lay you off, you could collect unemployment, and — wait for it — you would still get your distribution if the company is profitable.

[blahblahblah]

My corporation is paid by another corporation who hires me. They don’t pay unemployment because I’m not their employee.

I’m employed by a corporation I own. Therefore, I “pay in” out of my own pocket when my corporation pays me a salary.

So in the scenario you describe, you are not actually unemployed. Analogous situations would be a law firm with no clients, a dentist with no customers, etc… You would only become unemployed if the corporation you own lays you, the employee, off. Unlikely to happen, but not unheard of. Perhaps your company grows, you hire some employees to take over your tasks, and you no longer require your services. At that point, the corporation could lay you off, you could collect unemployment, and — wait for it — you would still get your distribution if the company is profitable.

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