Show Utah Less Competitive In Unemployment Taxes Gunnison VilUy24 Sew 1981 Thursday September Although 1976 legislative changes in Utah did stabilize unemployment What Affordable Housing IFs Meant " T" insurance finances it also raised taxes for employers and made Utah less competitive s&t with other states This " was the conclusion of Utah Foundation the BROADMORE i !1425r Delivered and Set Up private tax research or in its latest ganization study of Utah unemployment compensation pro- gram In 1976 the wage base on which the unemployment tax is calculated was raised and allowed to increase each year in line with average salary levels The taxable wage base has climbed from $4200 in 1975 to $12000 in 1981 Next year the base will rise to $13300 This has resulted in substantially higher taxes for most Utah employers Utah the Presently Idaho have highest 2562K (approx 756 sq MODEL ft) BY BROADMORE WINGATE Wingate has designed a home to give you maximum efficiency privacy and all around livability The entry has its own guest closet and leads you into a spacious living room — perfect for entertaining or family relaxation The kitchen boasts name-branappliances plenty of counter space and even a built in pantry The master suite features a large wardrobe for plenty of storage and easy access to the beautiful full bath If you're looking for economy (but with a generous touch of class) this s the home for you d VISIT THE AFFORDABLES TODAY! BROADMORE HOMES pHfl yfl Conventional Financing SCOTSMANS HOMES VISIT OUR SALES LOT ON HIGHWAY 89 -- On the South Edge of Richfield Utah Call or see Chuck Koozer or Karen Anderson (801) compensation program is financed by a tax paid by mo6t employers of one or more persons No part of the cost is borne by the Federal funds employee and third taxable wage the US exceed- ' ftmanp tem Utah’s employment is by the unbenefits that to paid Utah former employees however operates under are actually it Over a “payroll variation plan” which bases the tax rate on the degree of stability of an employer’s and annual quarterly payroll I 18 Our Area 5 tvxsri s&r --“II 300 Inserts Sold to Satisfied Customers in jSIStfSSlE I it Outside Forced Air it Manufactured in Richfield it Replenishes Oxygen in Your Home from Outside it Unconditionally Guaranteed or Your Money Back it Custom Built to Fit Your Fireplace it For Your Heat Health & Happiness Buy Sunburst minimum tax paid in any of the states in 1981 The minimum tax is that paid by employers with the best experience-ratin- irisnss ?tss :t: ijggji This year Utah ranks 12th among the fifty in the average unemployment tax charged for each employee In addition it has the 7th experience to the Foun- Utah’s tax sysunemployment tem may make it more difficult for Utah to compete with other states in the attraction of new business and industry This is especially true in the case of national firms Which are considering opening a branch in the state Such firms must pay a state tax rate of 27 percent for at least three before they are years eligible to qualify for a lower rate under Utah’s rr lurr states According determined teiissg i personnel employment tax rate ployer’s f to dation report rans as well as to cover part of the cost of extended benefits during of high unemperiods ployment The report notes that most states operate under a system where an em ‘A't employers and those usnumbers of ing large and temporary highest to finance benefits for unemployed federal workers and vete- Ask The People Who Own a Sunburst base in ed only by Alaska and Hawaii The report points out that this high wage base makes Utah geneto rally less attractive employers with stable work forces and those paying higher wages On the other hand the high wage base is less of a deterrent are used Y WE WILL INSTALL ANY STOVE SUNBURST STOVES & FIREPLACE INSERTS 489 North Main - Richfield sysunemployment With the people you need by placing a classified ad in the Spotlight section of The Richfield Reaper The Salina Sun The Gunnison Valley News and The Garfield County News The Spotlight classified section puts you in touch with people in the market for homes apart- ments jobs boats in- vestments furniture musical instruments cars and trucks Scutk CetdiaE Utah You name it! Our classifieds get results! |