The no-tax legislature just taxed the employers of Montana an additional $30 million dollars. They took $30 million that was paid to support workers compensation in Montana. They took that money, earmarked for payment of unemployment claims, and used it to balance the state budget they were supposed to balance before they went home from the legislative session. It seems like that is the same amount they took from the previous budget as the $30 million earmarked for firefighting. Employers are required to pay the workers money to build the fund for paying unemployment. We pay and are charged enough to maintain the fund at certain levels, not to balance the budget with another tax. Now the fund has lost that money which was growing the fund thru investments, so that the fund would grow for future use instead of charging additional fees. The system is designed to build a fund for future use. Just like a family might have an emergency fund that builds thru investing it to add to the fund for future use. When the state takes $30 million from the fund, that is a significant amount that is lost and the cumulative earning are gone also. Now the business community has lost that and we have to pay again to build the fund. Just like you don't dip into your designated emergency fund to make up for poor budgeting and diminish your fund and its ability to make more for your fund. As a business person, I don't like being double taxed for the same required money. If that money should be needed we (the business employers) will have to make up that money by being taxed again plus the lost interest. Double taxation and more taxes!

Robert Bell

Shepherd

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