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Reply #10: You're very welcome [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-01-09 06:36 PM
Response to Reply #6
10. You're very welcome
I used to be a tax accountant in the 1980's, and was frosted to see that my clients would have to pay tax on that money. The Carter years changes were designed to tax unemployment that was on top of a fairly sizable income. The triggers were $20K for a single person, and $25K for a married couple, that sounds like pretty low money now, but it was a decent income in 1978. The thought was that some jobs you know you're going to get seasonal unemployment in (like fishing or construction) and you took those well-paying jobs knowing that you'd be laid off every year, and would be able to collect unemployment during the slack times.
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