Secret Site Map
Thursday, December 18, 2014

Home News Will Obama’s Tax-Credit Plan Fail to Spur Small-Business Hiring?

Will Obama’s Tax-Credit Plan Fail to Spur Small-Business Hiring?

Business Strategy

John Young, president of Cleveland-based Speed Exterminating, is among owners who say they won't hire someone just for the opportunity for a tax credit.

Business Week | February 24, 2010

An article in Business Week questions whether or not President Barack Obama’s tax-credit plan will spur small-business hiring.

One of the small business owners interviewed was John Young, president of Cleveland-based Speed Exterminating. The article noted that instead of interviewing applicants to replace a retired worker, Young is poring over route sheets to see where he can squeeze more work from current employees. With sales down 10 percent and the company coming off a 2009 loss, the prospect of a tax credit won’t motivate him to take on more hands.

“I’m not going to just hire somebody because I have the opportunity for a tax credit,” said Young, whose great- grandfather started the company in 1908. “I need to make sure the business is sound.”

The credits Obama has backed, and a similar incentive in a jobs bill the U.S. Senate may vote on today, aren’t enough to prompt an increase in payrolls, some small business owners and organizations say.

Click here
to read the entire article.

Source: Business Week

Top news

Cockroach Pieces in Instant Noodles Leads to Recall

Two Japanese food companies have pulled products from store shelves and issued a recall after pieces of cockroaches were found in their noodle meals, WSJ reports.

Podcast: Cleveland Dixon on His 'Biggest Mistake'

Dixon, CEO of Holiday Termite & Pest Control, discusses his experiences using a Web design/SEO firm, and the benefits of him taking on these responsibilities himself.

Malden High Schools Collaborate with Yankee Pest Control in Mural Contest

Students from Walden, Mass., area high schools painted murals on the backside of Yankee Pest Control's building for a competition. Yankee generously paid for all of the paint supplies and tarps, and provided pizza and refreshments to all of the students each time they were on site.

Adrian Steel Offers Ladder Racks for Full Size Pickup Trucks

The Load Runner Ladder Rack features 2-inch durable round tubing and square crossbars, removable center and rear crossbars, and welded tie down cleats to ensure safe transportation of ladders.

BugMaster's White Announced as 2014 TPCA Technician of the Year

The Texas Pest Control Association named Andrew White, a 27-year-old service professional with BugMaster Termite & Pest Control, Humble, Texas as its 2014 Technician of the Year.

x