Joni Ernst: “Iowans work hard for their money, and they deserve a government that protects it. This bill helps stop suspicious…”

Because unemployment programs are funded primarily by taxing employers, this federal mandate is effectively a reverse Robin Hood tax that takes from struggling small businesses to give to the idle rich and self-sufficient.

Fraud is not a victimless crime, either.

“Doe a Deer has woven creativity, hard work, and community into every aspect of its business,” said Chair Ernst.

In 2024 alone, 10,100 million-dollar earners received nearly $97.4 million in unemployment compensation. That amounts to each being paid $9,650, roughly the cost of a new Rolex watch.