QUESTIONS? CALL: (800) 655-5281Login to WOTC Status Tracker

WOTC Planet

  • Tax Benefits
    • Reasons to WOTC
    • Employee Retention Credit
    • Military Veterans
  • How We Serve
    • Ways to WOTC
  • Marketplace
    • Marketplace Partners
  • Accountants
  • Resources
    • Frequently Asked Questions
  • About Us
    • Testimonials
  • Blog
Find My Tax Credits

If Republicans "Take the Deal" WOTC and Extenders Will Renew for 2012, 2013

by Vaughn Hromiko / Wednesday, 19 December 2012 / Published in Work Opportunity Tax Credit

President Obama’s remarks this morning on his “fiscal cliff” negotiations with House Republicans signals optimism that a deal may be close.  Both sides have made concessions but continue to push for additional concession from the other. Near the end of his remarks this morning, the President said,

“I remain optimistic, because if you look at what the speaker has proposed, he’s conceded that income tax rates should go up . . . I’ve said I’m willing to make some cuts. What separates us is probably a few hundred billion dollars. The idea that we would put our economy at risk because you can’t bridge that cap doesn’t make a lot of sense.”

And a little later,

At some point there’s got to be I think a recognition on the part of my Republican friends that, you know, take the deal.

Read the entire transcript in the Washington Post.
Paul Suplizio, President of the WOTC Coalition, took in the Presidents remarks today.  We have his observations, published here with permission.
**********
From: Paul Suplizio
Sent: Wednesday, December 19, 2012 10:14 AM
Subject: President Tells Republicans, “Take The Deal”
December 19, 2012
12:41 PM EDT
President Obama took questions on the fiscal cliff at his press conference today.
He said he’s reaching out to Republicans and understands their difficulty, but he’s met them half-way, “So, take the deal!”
These comments came after the White House issued a statement saying the President would veto Plan B, and The Speaker’s office replied, “Statements from the White House are increasingly irrational.”
A vote on Plan B is scheduled for tomorrow (Thursday) in the House; to pass a bill before Christmas, a deal needs to come Thursday night or Friday.
If there’s no deal, expect Congress returning and negotiations continuing after Christmas.
To clarify the situation: if Republicans take the President’s latest offer, WOTC and tax extenders would be renewed for 2012 and 2013.
PAUL E. SUPLIZIO
President, WOTC Coalition

  • Tweet
Tagged under: Fiscal Cliff, Paul Suplizio, President Barack Obama, Tax Extenders, Work Opportunity Tax Credit, WOTC, WOTC Coalition

About Vaughn Hromiko

Vaughn scours the news (with the help of daily Google alerts), finding interesting things for people who need to know about WOTC and other hiring tax credits. For 19 years, he’s been a Partner and the Director of Client Services at WOTC Planet.
« Prev
Next »

OUR MOST RECENT POSTS

Military Spouse Hiring Act – US House Sponsorship Changes Hands
Is Your Covid-19 Tax Refund Feeling Abandoned and Lonely?
Military Spouse Hiring Act Would Expand WOTC Target Groups
Click Here to Find Your Tax Credits
  • Privacy Policy
  • WOTC Planet Blog
  • Society for Human Resource Management SHRM
  • National Restaurant Association
  • California Hotel & Lodging Association
  • California Lodging Industry Association

Hromiko & Associates, LLC BBB Business Review

Contact us

T (800) 655-5281
Email: inquire@wotcplanet.com

WOTC Planet
PO BOX 41159
Sacramento CA 95841

Open in Google Maps

  • GET SOCIAL
WOTC Planet

Copyright © 2019 | Hromiko & Associates, LLC. The WOTC Planet logo is a service mark of Hromiko & Associates, LLC

TOP