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Tax Delay Fast-Tracked

February 23, 2010 - 6:00pm

The Legislature is poised to act quickly and positively to delay for two years a major increase in the unemployment compensation tax.

It's a move that could save beleaguered employers as much as a twelvefold increase on their unemployment tax bills.

The legislation zipped through both Senate and House committees. Its supporters claim it will stimulate job creation and allow businesses to stay afloat in a down economy.

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