Kelly Services Supports Prompt End To Unemployment Compensation Tax Dodge
24 Novembre 2004 - 10:23PM
PR Newswire (US)
Kelly Services Supports Prompt End To Unemployment Compensation Tax
Dodge TROY, Mich., Nov. 24 /PRNewswire/ -- "The Michigan
Legislature should act during the current post-election session to
end an unemployment compensation tax dodge that harms both workers
and ethical employers," said Carl Camden, President and Chief
Executive Officer of Kelly Services, Inc. "Prompt action will save
the state unemployment compensation trust fund $60-$90 million.
Failure to act means those costs will fall on ethical employers,
large and small alike." (Logo:
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO ) Camden
applauded the constructive efforts of the Michigan Manufacturers
Association and the Employers Unemployment Compensation Council (a
business coalition of unemployment compensation experts) to gain
legislative action yet this year, characterizing those efforts as
in the best interests of the state's unemployment compensation
trust fund, and long term business climate. "Technically sound
action should be achievable by year-end if all stakeholders work
together in good faith. Delay should not be an option." Kelly
Services was a leader in the campaign to gain Congressional action
earlier this year on the tax dodge called SUTA dumping (for state
unemployment tax act). Michigan must enact conforming legislation
to comply with the new law. SUTA dumping occurs when employers take
steps to disguise their true unemployment experience to falsely
qualify for lower unemployment compensation tax rates. Ethical
employers must make up the difference. "Unless the legislature acts
promptly, SUTA dumpers will gain one more chance to avoid paying
their fair share, " Camden said. "The U.S. Congress acted in swift
and bi-partisan fashion to pass Federal legislation. Michigan
legislators should likewise work to pass sound legislation before
the year ends." About Kelly Services Kelly Services, Inc.
(NASDAQ:KELYANASDAQ:KELYB) is a Fortune 500 company headquartered
in Troy, Mich., offering staffing solutions that include temporary
staffing services, staff leasing, outsourcing, vendor on-site and
full-time placement. Kelly serves 200,000 customers through 2,500
company owned and operated offices in 26 countries. Kelly provides
employment for nearly 700,000 employees annually, with skills
including office services, accounting, engineering, information
technology, law, science, marketing, light industrial, education,
health care and home care. Revenue in 2003 was $4.3 billion. Visit
http://www.kellyservices.com/ .
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO DATASOURCE:
Kelly Services, Inc. CONTACT: Jim McIntire of Kelly Services, Inc.,
+1-248-244-5370 Web site: http://www.kellyservices.com/
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