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How about a tax break for companies that hire? A new jobs bill introduced by Sen. Majority Leader Harry Reid (D-NV) proposes major tax incentives for hiring businesses. If the bill becomes law, will these incentives make a dent in the unemployment rate? Or will they matter little? Not everyone is optimistic.
Tags: American Recovery and Reinvestment Act, Bill Becomes Law, Bond Program, Capital Purchases, Economic Policy Institute, Employment, federal government, Federal Subsidy, Harry Reid, Heidi Shierholz, House of Representatives, Infrastructure Projects, Job Creation, Majority Leader, Medicare, New Jobs, Payroll Tax, Pete Mitchell, Predicted effects of the FairTax, Private Sector Employer, Section 179 Deduction, Senate Bill, Senator, Small Business Capital, Social Security, Social Security Tax, State And Local Governments, Stephen Harper, Tax, Tax Break, Tax Incentives, Unemployment, Unemployment Rate