Tax Break Will Help Create Jobs

A new tax break may create up to one million new jobs.

The Small Business Jobs and Tax Relief Act gives a tax break to small businesses that hire and create jobs.  The act gives a 10% break to small businesses expanding their payroll.

Regional Economics Inc. predicts the act will add $87 to the GDP, create over 990,000 jobs, and increase personal incomes by about $73 billion.

“Creating close to one million jobs would put a meaningful dent in the unemployment problem,” said New York Sen. Chuck Schumer.

Will you company benefit from the Small Business Jobs and Tax Relief Act?

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Posted on July 10, 2012, in Uncategorized. Bookmark the permalink. Leave a comment.

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