Barnes, Etc. v. Levy Bros., Inc.

Opinion op the Court by

Stanley, Commissioner

Affirming.

The Unemployment Compensation Statutes provide for the building up and maintenance of a reserve account by taxes levied on employers subject to the Act, based upon percentages of wages paid. For the year 1940 it was definitely stated to be 2.7 per cent and for subsequent years upon specified bases of calculation, dependent upon the percentum the balance, as of the computation daté, bore to the aggregate taxable payroll for the preceding three years. Section 4748g-7, Kentucky Statutes; now, in part, KRS 341.270. If an employer’s reserve…