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We’ve grown accustomed to California’s Governor and Democrat-controlled legislature’s attempts to curtail the state’s enterprise zone program. Governor Brown’s 2010 budget proposal included provisions to completely eliminate the program. Such attempts have consistently failed in the past, while supporters of the program have furthered their own efforts to make the program more effective and accountable. (more…)
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On Monday, U.S. Senator Charles E. Schumer (D., NY) and U.S. Senator Robert Menendez (D., NJ) announced comprehensive legislation to reduce the tax burden on those financially impacted by Superstorm Sandy. It’s called “The Hurricane Sandy and National Disaster Tax Relief Act of 2012.”
Within its mixed bag of proposed tax benefits, we find this jewel: a new WOTC category for Hurricane Sandy victims. (more…)PUBLISHED IN
