Senator Kirsten Gillibrand (NY) Pushes to Extend Incentive to Hire Vets

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“Veterans and men and women in uniform have sacrificed for all of us. They deserve the very best opportunities and benefits we can provide.” – Kirsten Gillibrand, U.S. Senator, New York

Washington, D.C. – With unemployment among young veterans in New York nearly 20 percent, U.S. Senator Kirsten Gillibrand is announcing a new effort to make tax credits for businesses that hire recent veterans permanent. The Work Opportunity Tax Credit that Senator Gillibrand helped establish last year encourages businesses to hire veterans who have recently returned from Iraq and Afghanistan in exchange for a 40 percent credit on the first $6,000 paid to a veteran. The tax credit is set to expire at the end of this year.

Read more at “Work Opportunity Tax Credit” Provides Tax Cuts for Businesses That Hire Veterans, Expires End of 2010.

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