Saturday, August 06, 2011

Obama seeks tax breaks for companies that hire veterans

McClatchy reports:
With the jobless rate among post-Sept. 11 veterans hovering at 13 percent, President Barack Obama said Friday that he'd urge Congress to give tax breaks to companies that hire veterans.

Speaking at the Washington Navy Yard as the Labor Department reported a promising, if small, boost in jobs in July, Obama said he also was challenging the private sector to hire or train 100,000 post-9/11 veterans or their spouses by the end of 2013.

"We're saying to our veterans, 'You fought for us and now we're fighting for you,' " the president said.

Obama said he'd call for two new tax credits: One would provide an incentive for companies to hire unemployed veterans and the second would double an existing tax credit for hiring long-term unemployed veterans who have service-related disabilities.


Obama isn't a fan of "equal protection under the law". If you aren't a veteran... Obama isn't as concerned about you.