Unemployment insurance: It’s killing small businesses – Baltimore Sun

I run a small business — about 20 employees — in the Baltimore area. We are a manufacturing company in the construction industry. I have worked extremely hard and sacrificed my own pay to keep our people employed over the last five years.

I have not had a layoff and had previously earned a low unemployment tax rate. It used to be 1 percent. In 2011 it was up to 4.463 percent and I got a letter this week saying it will be 11.99 percent for 2012…

via Unemployment insurance: It’s killing small businesses – Baltimore Sun.