A precarious moment has arrived for extending the Work Opportunity Tax Credit (WOTC) and other tax extenders. Republican leadership has expressed their general opposition to the $200 billion in “stimulus” included in President Obama’s budgetary demands. The Republican leadership has not specifically mentioned the $40 billion in tax extenders BUT the extenders (including WOTC) are part of the larger $200 billion stimulus package. (more…)
The elections are over and many otherwise interested Americans have turned (at least one eye) temporarily away from politics. I understand the sentiment. Forcing yourself to follow Congress right now is like dragging one of those civil-war era canon balls with a chain around your ankle.
Nevertheless, important issues are being addressed, including the Work Opportunity Tax Credit and numerous other tax extenders. (more…)