President Obama presented the American
Jobs Act of 2011 on September 8th and sent it to Congress
on September 12th. Want to know what it's all about?
Here’s the rundown.
How does it help…
the unemployed? It makes it
illegal for employers to discriminate against unemployed job
applicants because of their unemployed status, and would extend
unemployment benefits, among other provisions.
employers? It cuts the payroll tax
in half for 98 percent of companies. It also gives a $4,000 bonus to
employers who hire the long-term unemployed.
veterans? It creates a “Returning
Heroes” tax credit to employers ...
