Small businesses support Peeler jobs plan
NFIB, the nation’s leading small business association, has endorsed Senator Peeler’s jobs tax credit plan. Here’s a release from NFIB:
Small businesses support tax credits for hiring unemployed workers
Legislation would reduce South Carolina’s jobless rate while helping state’s job creators
COLUMBIA, S.C., April 15, 2009—J.J. Darby, South Carolina state director of the National Federation of Independent Business, said today that small business owners support a bill allowing employers to receive tax credits for hiring unemployed workers.
S. 690, sponsored by Sen. Harvey S. Peeler Jr. (Gaffney) and 19 other senators, would help reduce South Carolina’s jobless rate by allowing employers to receive a tax credit worth $100 a month for hiring someone who receives state unemployment benefits. Employers could receive the credit for 24 months—meaning it would be worth as much as $2,400 per employee.
“The bill makes a lot of sense,” Darby said. “I think the senators are taking a very practical, commonsense approach to dealing with the serious unemployment problem in our state. I appreciate Sen. Peeler’s leadership in trying to help both businesses considering hiring and people looking for work here in South Carolina.”
NFIB supported similar legislation that recently passed the Georgia General Assembly.
NFIB/South Carolina is the state’s leading small business association. Small businesses represent 97 percent of all South Carolina employers, according to the U.S. Small Business Administration.
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NFIB is the nation’s leading small business association, with offices in Washington, D.C. and all 50 state capitals. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small and independent business owners a voice in shaping the public policy issues that affect their business. NFIB’s powerful network of grassroots activists send their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system. NFIB’s mission is to promote and protect the right of our members to own, operate and grow their businesses. More information about NFIB is available online at www.NFIB.com/newsroom.