MC Qu. 36 Which of the following statements is not cor...

Which of the following statements is not correct?

A. A few states levy an unemployment tax on the employee that must be withheld from the employee's pay.

B. One of the purposes of the unemployment insurance program is to stabilize employment and reduce unemployment.

C. The reduction of state unemployment taxes because of favorable experience ratings reduces the credit allowable against the federal unemployment tax.

D. The unemployment insurance program is a federal program.