Are you tired of ..........?xml:namespace>
· Feeling like no one is fighting for working people?
· Ceos taking all our money?
· Corporations shipping our jobs out of the country?
· Companies escaping THEIR tax burden?
· Having no health care?
· Health care costs killing you?
· Making an economic decision to not utilize your Health Care?
· Having no retirement?
· Big business getting so big it seems to control everything?
· Gas prices with record profits for oil companies?
· Your hard work being exploited by a company?
· The banks exploiting the average hard working American?
· Being afraid to ask for a raise?
· The cost of living rising faster than your wages?
· Being laid off?
· Being over qualified for your job because you can't find a better paying one?
· Living pay check to pay check?
· Working in fear?
Monday, November 7, 2011
Will The GOP Filibuster Tax Credits For Hiring Veterans?
Next week, Senate Democrats will try again, this time with the portion of Obama’s bill providing tax credits to businesses that hire veterans:
Senate Democrats plan to roll out the next piece of President Obama’s jobs creation legislation – this part on veterans – next week.
The bill is aimed at incentivizing companies to hire war veterans. It includes a tax credit to encourage companies to hire veterans as well as additional tax credits for hiring veterans with “service-connected disabilities.”
At the moment, unemployment for veterans stands at 7.7 percent, but is at a substantially worse 12.1 percent for post-9/11 vets (up from 10.6 percent a year ago). If nothing else, surely the GOP can see the wisdom in letting this particular bit of Obama’s jobs bill though. “It’s expected to pass. It should pass,” said Sen. Debbie Stabenow (D-MI).
Of course, while they would be an undeniable help, tax credits for veterans are not enough to create all the jobs necessary to bring the unemployment rate down. As Center for American Progress chief economist Heather Boushey said today, “at this point in the recovery we should be seeing upwards of 300,000 jobs created per month, but the economy only added a paltry 80,000 jobs in October and the three-month pace of job creation is only 114,000…Washington has yet to pass the American Jobs Act, which economists across the board agree will generate new jobs.”