Secret Site Map
Thursday, July 31, 2014

Home News Obama Proposes Tax Credits Aimed at Small-Business Hiring

Obama Proposes Tax Credits Aimed at Small-Business Hiring

The proposal would establish a $33 billion tax credit to encourage small businesses to hire more workers and increase wages.

| January 29, 2010

President Obama announced today a proposal to establish a $33 billion tax credit to encourage small businesses to hire more workers and increase wages. The plan is one of several the president is pushing to help bolster employment in a country where one in 10 Americans no longer receives a paycheck.

The announcement comes two days after the president's first State of the Union address, when he said that jobs must be the U.S.'s top priority this year.

The tax credit, the president said, "is a simple, easy-to-understand mechanism that will cut taxes for more than 1 million small businesses."

Obama, who spoke today at the Chesapeake Machine Company's manufacturing plant -- a Baltimore firm employing 40 people -- said the credit will give small businesses "an incentive to hire more people and a little bit of extra money to pay higher wages, to expand work hours or invest in their company."

Click here to read the entire article.

Source: ABC News
 

Top news

Cook’s Open House Showcases State-of-the-Art Training Facilities

Residential and commercial training centers provide hands-on educational opportunities in a “real-world” setting for technicians and sales personnel.

Bed Bugs Turn Up in Senate Office Building

The pests were found on the sixth floor of the Dirksen building last week, causing officials to take emergency measures such as closing off a restroom for a couple of days with yellow police tape, the Daily Caller reports.

'Super Ants' Discovered in London

An invasion of super ants that are attracted to electricity is feared to be spreading across the south of the country after a large nest was discovered in a house in London, metro.co.uk reports.

Mayor Dies After Wasp Attack

The mayor of a Quebec, Canada community died of anaphylactic shock after after being attacked by wasps while on vacation.

ESA Announces Newly Certified ACEs — July 2014

The Entomological Society of America (ESA) announced 16 new Associated Certified Entomologists.