Returning Heroes and Wounded Warrior Tax Credits: A new Returning Heroes Tax Credit for firms that hire unemployed veterans (maximum credit of $2,400 for every short-term unemployed hire and $4,800 for every long-term unemployed hire) and a Wounded Warriors Tax Credit that will increase the existing tax credit for firms that hire veterans with service-connected disabilities who have been unemployed long-term (maximum credit of $9,600 per veteran) and continue the existing credit for all other veterans with a service-connected disability (maximum credit of $4,800).
Oh, the press release claims that the U.S. Chamber will use its network to spread the word to the rest of us. Even though there are many national small business organizations in this country that would be pleased to support the President in this effort, this administration (and to be fair every administration) just can’t seem to be bothered dealing with them directly when it comes to a high-profile media event. Instead it turns to the one business organization that on issue after issue demonstrates that it doesn’t represent America’s small businesses.
Trickle-down economics doesn’t work and neither does trickle-down appreciation for small business.