Last Friday, Senator Rob Portman (R-OH) made an appearance during a webcast hosted by the Urban-Brookings Tax Policy Center. His remarks were optimistic about including a number of tax-extenders in a pandemic stimulus bill after the elections. I think that as a member of the Senate Finance Committee, Portman just might know something about it.
As described by Law 360, Portman called for expanding the Work Opportunity Tax Credit and making WOTC permanent. His WOTC expansion would create a new Target Group for people unemployed because of the pandemic. The U.S. Senate included this same provision in its July stimulus proposal. See post herein, “Senate COVID Bill Would Expand WOTC Again.”
