May 19, 2025
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Tag: founder of the California Business and Industrial Alliance

California Owes the Feds More Than THREE YEARS of its Total Unemployment Tax Revenue

June 15, 2023   3:59 pmJune 15, 2023   4:12 pm
Right now, the California Employment Development Department owes the federal government $17,649,112,337.77 (billion) for the money it borrowed during the pandemic. The EDD expects to take in about $16.2 billion over the next three years in unemployment taxes. That means...
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