NCPI Workmark
Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Heavy Wage Payments Send ESC Taxes Higher

Record #:
30340
Author(s):
Abstract:
The increase in the amount of wages and salaries paid in 1953 has resulted in substantial increases in the employment security taxes for most North Carolina employees. The rise in wages paid has resulted in an imbalance with the total reserve fund, which has required an increase in tax rates to put the ratio back.