MD Businesses Could See Tax Increase To Boost Unemployment Fund | WAMU 88.5 - American University Radio

: News

Filed Under:

MD Businesses Could See Tax Increase To Boost Unemployment Fund

Play associated audio

Businesses in Maryland could see higher tax rates next year to help beef up the state's dwindling unemployment fund. The annual calculation of the unemployment fund will be released Wednesday and a low fund could mean a tax hike for employers. State workers expect the numbers to show the largest allowable increase is needed to replenish the fund. The fund's balance fell from close to $900 million a year ago to $341 million this month. Meanwhile, the unemployment rate grew from 4.5 percent to 7.2 percent during that same time. Any potential tax increase would vary from business to business, depending on how many workers an employer has laid off in recent years.

Natalie Neumann has the details....


Peru's Pitmasters Bury Their Meat In The Earth, Inca-Style

Step up your summer grilling game by re-creating the ancient Peruvian way of cooking meat underground in your own backyard. It's called pachamanca, and it yields incredibly moist and smoky morsels.
WAMU 88.5

Food Packaging & Pricing

Have you ever popped open a bag of potato chips only to be disappointed by the number of crisps in your bag? It's not just you. To avoid raising prices, companies often increase their "nonfunctional slack fill" or the difference between the volume of product and its container. We talk about how food packaging affects your recipe and wallet.

WAMU 88.5

Environmental Outlook: The Growing Fossil Fuel Divestment Movement

A look at the growing fossil fuel divestment movement.


Flood Maps Can Get Much Sharper With A Little Supercomputing Oomph

Entrepreneurs are turning to Oak Ridge National Lab's supercomputer to make all sorts of things, including maps that are much more accurate in predicting how a neighborhood will fare in a flood.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.