California Has $18.9 Billion in Unemployment Debt. Companies Will Have to Pay More in Taxes to Cover the Cost
California businesses are paying higher taxes this year to help pay off the state’s unemployment debt.
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California businesses are paying higher taxes this year to help pay off the state’s unemployment debt.
So many people lost their jobs during the pandemic that the state had to borrow money to pay unemployment benefits.
California businesses are paying higher taxes this year to help pay off the state's unemployment debt
California businesses are paying higher taxes this year to help pay off the state's unemployment debt.
Many communities in the state’s San Joaquin Valley continue to struggle for water as a result of the ag industry’s overpumping of groundwater. Experts estimate that groundwater losses since 1961 have totaled 93 million acre-feet.