I was unsure what to expect from the new Rep. Senator from
Massachusetts. but if this is any indication, it's a very good start.
It contains four main elements, as described by Democrats:
1) reduce the cost to employers who hire new employees with a tax break for any employer who hires an employee who has been out of work for at least 60 days;
2) enhance the write-off that small businesses can take for purchases of certain equipment, freeing up capital to grow and hire workers;
3) expand the Build America Bonds model by making it available to existing Tax Credit Bonds, which provides the bond holder with a federal tax credit in lieu of interest; and
4) extend the surface transportation programs (SAFETEA-LU) through the end of the year.
A good read Lizbud.
Any incentive to get the unemployed into the workforce again has got to be good.
Wom
Bookmarks