The funding mechanism for the Paid Family Leave bill (H. 196) is a 0.93% payroll tax, which would raise about $80 million. The original language of the bill had this tax shared equally between employers and employees. That was until someone remembered that the state and public schools are employers.
The Joint Fiscal Office estimated that if H.196 passed in its original form it would cost the state treasury $2.7 million a year to cover state workers, and school budgets would have to come up with $4.4 million. Nope can’t afford that from the roughly $5.5 billion dollars we spend through the. Much too painful for government to absorb that kind of cost!
Our politicians’ solution: Make the employees pay for all of it!
That’s right, government determined that it can’t afford to come up with 0.0013% out of its budget to fund this program, but you the Vermont worker can afford to pay all of it. Because, you know, you’re so flush after paying your income taxes, property taxes, sales taxes, fuel taxes, and all the other niggling taxes and fees Montpelier concocts every year to vacuum money out of your wallet.
If ever there were an example of out of touch, insensitive, arrogant government in action, this is it. Get that veto stamp ready, Governor Scott!
– Rob Roper is president of the Ethan Allen Institute