Tax Credits for Hiring—Reaching for Jobs, Self-Sufficiency

Shortly after recessing for the year, Speaker of the House Dennis Hastert (R-IL) indicated that his first priority in 2006 would be to move a tax package (H.R. 4297, S. 2020) that includes a one-year extension through Dec. 31 of two tax credits for employers who hire people receiving public assistance or others from “targeted groups.” 
 
The House was scheduled to return for the beginning of the 2nd Session of the 109th Congress on Jan. 31. The Senate was set to return Jan. 18.
 
The two income tax credits—the Work Op-portunity Tax Credit (WOTC) ...

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