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Article: Khazei suggests tax credit to boost job creation
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- November 6, 2009
- Author:
CopyrightCopyright 2009 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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US Senate candidate Alan Khazei, cofounder of the City Year
service program, proposed a tax credit yesterday to encourage hiring
by small businesses as part of a six-point plan for job creation.
Billing himself as "the jobs senator," Khazei visited a Boston
microfinance agency to pitch a tax credit in which small businesses
that hire new employees would be refunded 15 percent of wage costs
next year and 10 percent in 2011.
"Small businesses are the unequivocal engine of the US economy,"
Khazei said in a statement. "They are our innovators, our creators,
and our entrepreneurs."
A paper released last month by the nonprofit Economic Policy
Institute, a labor-oriented think tank founded by a ...