Mr. Obama and Democratic congressional leaders talk of creating several million green jobs through tax credits and grants to generate electricity from alternative fuels and encourage energy-efficient vehicles, and to retrofit government buildings and low-income housing to save energy.
Recognizing the specific imperative of helping veterans dealing with long-term employment, the President proposed in the American Jobs Act tax credits that for the first time offered tax relief at least two times larger than current veterans tax relief for those veterans that have been pounding the streets for over six months looking for work.
This jobs bill gives tax credits to companies that hire our veterans, because if you sign up to fight for our country, the last thing you should have to do is fight for a job when you come home.
But Obamanomics, from the new and expanded tax credits of the 2009 stimulus, to the green energy tax loopholes that left GE paying no income taxes on billions in corporate profits, to the proposed new tax credits of the Jobs Plan, to the 2013 tax rate increases, involves just the opposite, creating numerous new tax loopholes in return for higher tax rates.
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But almost 40, 000 jobs are on the line if these tax credits expire.
The new facility will create about 800 permanent jobs, which helped the companies win tax credits from the state of New Jersey.
Chris Coons of Delaware, the bill brought together various pro-jobs proposals such as specialty tax credits, relaxed rules ondepreciation that both parties had agreed to in other settings.
And we were reminded of that last week when Democrats and Republicans in the Senate came together to pass a jobs bill that will give small businesses tax credits to hire more workers.
The company said its consolidated rate reflected lower tax rates on foreign earnings and tax credits for investments that created jobs.
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In July, Mr. Obama supported the Bring Jobs Home Act, which would have granted tax credits of up to 20 percent for relocating within the U.S. The bill died in the Senate with a filibuster, but the President has promised to eliminate tax breaks for companies that ship jobs overseas.
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American Jobs Act the President proposed three new veterans hiring tax credits that greatly expanded the number of veterans eligible to be hired with tax credits.
Now Congress needs to keep that momentum going by renewing the clean energy tax credits that will lead to more jobs and less dependence on foreign oil.
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Without these wind energy tax credits, a whole lot of these jobs would be at risk -- 37, 000 jobs across this country would be at risk.
This bill will ensure that small business owners, like Larry and Phillip Levita, have the capital and tax credits they need to grow and create jobs.
The book includes 46 policy proposals, some of which even The Wall Street Journal favors: an immigration system that welcomes high-skilled workers, raising the Social Security retirement age, giving U.S. companies tax credits when they use funds to create American jobs, and a proposal to bring the corporate tax rate down to 28% from 35%.
Second, he would say no to new investments in clean energy, after his party already voted against the clean energy tax credits and loans that are creating thousands of new jobs and hundreds of new businesses.
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She insisted there were enough jobs for parents to work an extra eight hours a week to qualify for tax credits.
Right now, homegrown energy, things like wind energy -- creating new jobs all across the states like Iowa -- and Governor Romney wants to end tax credits for wind energy producers.
The President discussed an another initiative to get those who served in our nation's Armed Forces into the civilian workforce -- a series of tax credits for employers who hire veterans that's part of the American Jobs Act.
The budget includes new tax cuts for people who invest in small businesses, tax credits for small businesses that hire new workers, investments that will create jobs repairing roads and bridges, and tax breaks for retrofitting homes to save energy.
And at a moment when homegrown energy is creating new jobs all across this state and other states across the Midwest, my opponent would put those jobs at risk -- the jobs that Rob was talking about -- he'd put them at risk by ending tax credits for wind energy producers.
He does, Furman said, including proposals to invest in infrastructure, offer tax credits to small businesses that hire new workers or increase wages, and support teacher jobs.
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Companies will continue to receive tax credits for the research they do, the investments they make, and the clean energy jobs they create.
Middle- and lower-income folks would receive a continuation of Obama-era tax credits aimed at them, plus 13 additional months of unemployment insurance for those who have lost their jobs.
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