User:Rgillum121/sandbox

Although the taxable wage base for each state/territory is at least $7,000 as mandated by FUTA, only 4 states/territories still remain at this minimum. These states/territories include Arizona, California, Florida, and Puerto Rico. Florida and Puerto Rico maintain tax rates similar to those of other states, but Arizona and California both have a higher maximum tax rate. Florida's minimum tax rate is 0.1% and the state maximum is 5.4% and in Puerto Rico, employers are taxed between 2.4% and 5.4% depending on their experience rating. As of 2015, Arizona's minimum was 0.03%, but its maximum was 7.79%. California's tax rate on the taxable wage base is currently higher than the federal minimum of 6.0%. Employers are currently on a tax schedule that requires them to pay a minimum of 1.5% and a maximum 6.2% of the taxable wage base. Even with the federal tax credit of 5.4%, Arizona employers could end up paying $175 per employee ((.0779-.054) x $7,000) and California employers could pay $56 per employee ((.062-.054) x $7,000) versus the FUTA maximum of $42.