How can governments provide support to those who are laid off?
One method would be to impose new taxation, similar to how companies raise revenue. Perhaps a percentage of both usage and storage charged to clients.
Any other thoughts?
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In order to give laid-off workers real breathing room, Severance Pay should NOT be taxed, and unemployment benefits need a serious boost; $450 a week in CA is a Real Joke. It should be at least $1,000 a week. Currently, the CA min wage is $16.50/hour. With today’s tough job market, we deserve No Property Tax, No Capital Gains Tax and No State Income Tax, plus free healthcare for ALL hard-working Americans
- deep popo & CAP 🥷🥷🥷 ✈🛩 🤣🤣🤣🤣
@mp I suppose you could (with the help of a lawyer) draft a proposal and try to collect signatures to get it on your state's ballot. You will likely need $$$ as you might have to pay signature collectors, but hopefully you can find enough volunteers. If you succeed getting it on the ballot expect a lot of push back from people with a stake in the status quo. They will run ads claiming that prop X will be a job ki-ler and that employers will move to greener pastures.
Do not expect any help from your state legislators, not even in blue states. Sure, some will pass worker friendly bills, like the ones that require employers to publish a pay range for a job opening. But if real $$$ are on the line, don't expect any help.
How do we start this movement? We can’t just sit around - what can we do?
"If gov increase tax stock prices will collapse."
so ...
There is a choice.
1) Make the Rich pay more
2) Make corporations pay more
If gov increase tax stock prices will collapse. The whole reason they are firing is to save money.
Recently laid off in the Seattle area. Washington WARN act gave me 60 days paid benefits which allowed me to complete medical treatment, stock up on medications, and get my annual vaccinations. This was invaluable. The 60 days on payroll also got me through my RSU vest. So 2 things that congress could pass right now which will help but not cost the government a dime: 1) 60 day paid benefits by large employers and 2) unvested RSU should not be lost; they should continue to vest as if the employee remained on payroll. Unemployment compensation is a state benefit and is paid by taxes paid into the fund by both employee and employer. This amount needs to increase exponentially for larger employers so that the weekly benefit is equal to half of the employees former salary. This reduces the incentive to drop employees for a cost benefit. Make it painful to increase their profit margins by harming employees.
Well, employers are already required to pay into the unemployment programs in the states where they operate. And the more they lay off people the higher the premiums become.
Benefits vary by state. Some have higher maximum benefits than others and some pay out more weeks than others. During periods of higher than usual unemployment the benefit periods can be extended.
But what happens when UE benefits are exhausted and you still haven't found a job? That is the question. Perhaps severance pay could be mandatory. But it is worth remembering that such measures make hiring costlier and riskier, which could put downward pressure on hiring and compensation. And in the current environment that is what we are experiencing: job are either being offshored or automated to save money.
The best move it would be to revert back all companies that were acquisited by O. Through all of this years this one monster raised to enormous amount of employed people to treat them only as numbers. Let's go back to better times :)