State will give employers a yearlong tax break
Posted by A liberal dose Yesterday
“I believe in truth-in-budgetingâ€
AUSTIN — Because of the low rate of jobless claims in Texas, employers will get a yearlong break from paying a portion of their unemployment-compensation taxes, Gov. Rick Perry’s office announced Monday.
The announcement follows a decision by the Texas Workforce Commission to quit levying the tax for calendar year 2008 because the unemployment-compensation fund has about $700 million more than state law requires it to maintain. The action comes even after the U.S. economy lost jobs for two months in a row and as many economists believe that the country may be moving into recession.
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Corra see this as a sign of the times. More states should be giving employers tax breaks so they can retrain and redirect some of their target marketing. Small businesses, especially, should be given some relief.
These are critical times, and in these times there are opportunities as well as threats. For small businesses, especially, to see these opportunities they should be looking to sell their goods and services on a national basis as well as overseas. Go narrow but go deep.
To do so, Corra believes it is essential to conduct busines research. When undergoing any joint ventures, a workable strategy in these times, it pays to run the comprehensive business partner search as well as other the business credit report and other due diligence research.
Check them out before you make your move.
