

Audrey Guo
24 posts

@amguoo
Assistant Professor of Economics @SantaClaraUniv Studying Social Insurance and Business Taxation






We just ran payroll. The payroll taxes were 2K higher than calculated. We called the payroll company. They explained (in summary) that California has a budget shortfall, and the federal government wants money back that it lent California for UI that it "lost." They are making up for it by having business owners pay it. Keep in mind that it was around 10% of our total payroll. When people say, "Why isn't California business-friendly?" remember this.




Let’s talk about why CA has UI debt The fundamental problem is that businesses haven’t been paying the true cost of unemployment benefits for their workers for decades An explainer…
















#EconTwitter come to our Public Finance seminar on Thurs 29th at 11am EST. @amguoo will present on "Labor Market Effects of Medicaid Expansion and Premium Subsidies: New Evidence from Panel Data" with @jzhangecon. @smilleralert will discuss! Register here: us02web.zoom.us/webinar/regist…


@KatarzynaBilic1 and I are super excited to share the Spring schedule for the Online Public Finance Seminar! We have a great lineup planned and are looking forward to each and every talk! We hope you are, too! Please join us each Thurs at 11am EST. sites.google.com/view/pfonlines…