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Denmark assistance program
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Jim
Posted 3/26/2020 11:28 (#8140243 - in reply to #8140230)
Subject: RE: Denmark assistance program


Driftless SW Wisconsin

Douglas - 3/26/2020 11:22

What happens when an employer can't see paying the 25% for no production and stops paying. Where are the employees then. What if the employer does not have the cash flow to front the cost for extended period. In this country it  would be critized as a big business bailout.

As I understand it employees are paid 75% of their regular pay. Payroll taxes are paid by companies at federal banks every pay day. That reimbursement could happen at that time in reverse through the banking system relatively easily.



Edited by Jim 3/26/2020 11:28
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