Includes bibliographical references.
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|Pagination||iv, 334 p. :|
|Number of Pages||334|
Additional Physical Format: Online version: Targeted jobs tax credit. Washington, D.C.: U.S. Dept. of Labor, Employment and Training Administration, Get this from a library! Targeted jobs tax credit. [United States. Employment and Training Administration.]. The Work Opportunity Tax Credit (WOTC) is a valuable federal income tax break available to employers that hire members of so-called targeted groups. Your small business can potentially cash in. The targeted jobs tax credit, one of the general business tax credits, originated in Recently, Congress extended the targeted jobs tax credit to include wages paid to individuals who begin work before January 1,
The work requirements of the welfare reform legislation have refocused attention on the need for government programs that help members of economically disadvantaged segments of the population find and keep jobs. In this report, Dr. Tannery examines the effectiveness of one such program, the Targeted Jobs Tax Credit (TJTC). Based upon a long-term analysis of more . The Targeted Jobs Withholding Tax Credit is a pilot program that allows diversion of withholding funds paid by an employer to be matched by a designated pilot city to create economic incentives directed toward the growth and expansion of targeted businesses locally. Match is required for every withholding dollar received. Targeted Job Tax Credit. The Work Opportunity Tax Credit. The Work Opportunity Tax Credit, (WOTC) provides financial incentives to employers to hire job seekers from 9 categories. These categories include long-term TANF recipient and other TANF recipients, Veterans, Vocational Rehabilitation, referral, ex-felon, SSI recipients, and year. This case describes the debate over whether to extend the Targeted Jobs Tax Credit, a provision of the U.S. tax code designed to provide an incentive for employers to hire "disadvantaged" workers. It invites discussion of both the issue itself--specifically, whether the credit, as it was structured, actually fulfilled its purpose and, if.
Downloadable (with restrictions)! The Targeted Jobs Tax Credit (TJTC) is intended to stimulate the employment of individuals who are members of certain groups of the labor force by providing a wage subsidy (in the form of a tax credit) to employers of recently-hired eligible workers. This intervention into the labor market has direct and indirect earnings and employment . Purpose In , the Congress established Targeted Jobs Tax Credit (TJTC) program to induce employers to favor certain disadvantaged individuals facing barriers to employment. Over the past 10 years, employers have claimed an estimated $ billion in tax credits under the program. Yet,File Size: 2MB. Targeted jobs tax credit extension hearing before the Subcommittee on Select Revenue Measures of the Committee on Ways and Means, House of Representatives, Ninety-eighth Congress, second session, Ap Pages: Targeted tax incentives fail for a number of reasons. First, states end up wasting a significant amount of revenue on jobs or economic development that would have occurred even without incentives. Secondly, firms that relocate to a state might bring jobs and economic activity, but if they crowd out other business or investment the net economic Author: Mark Robyn.