Hiring Tax Credit: Support Builds For Proposal Rewarding Employers For Hiring, More Hours

03/18/2010 05:12 am ET | Updated May 25, 2011
  • Catherine Rampell http://www.nytimes.com/2009/10/07/business/07tax.html

The idea of a tax credit for companies that create new jobs, something the federal government has not tried since the 1970s, is gaining support among economists and Washington officials grappling with the highest unemployment in a generation.

The proposal has some bipartisan appeal among politicians eager both to help their unemployed constituents and to encourage small-business development.

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