MA employers could soon have to pay additional unemployment taxes

Boston Statehouse

BOSTON (WWLP) – Massachusetts employers could soon have to pay an additional 60 percent in unemployment taxes.

Lawmakers on Beacon Hill are pushing for what known as a ‘freeze,’ a move they say would limit the burden on employers, especially during our economic recovery period.

The state’s unemployment insurance trust fund currently faces a multibillion-dollar deficit. To recoup some of that money, the contributions required from Massachusetts businesses would increase by nearly 60 percent.

The legislature is now considering a freeze on the tax payment to help businesses keep their employees and boost our economic growth.

State senator Patricia Jehlen, co-chair of the Workforce Development Committee said, “We would love to freeze rather than allowing it to go up during a recovery because so many businesses are in trouble. But we really need help from the feds to make that possible.”

All eyes now turn to Washington where negotiations over a second relief package are set to begin any day now.

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