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This bill matters to voters because it aims to boost employment for groups that often face significant barriers to finding and keeping jobs. By making the Work Opportunity Tax Credit more generous and extending it to cover a longer period of employment, it gives businesses a stronger financial reason to hire veterans, people on welfare, and those receiving food assistance. If this bill becomes law, it could lead to more job opportunities for these individuals, helping them achieve financial independence and contribute to the economy.
Without this bill, the WOTC would remain at its current levels, offering a smaller incentive for employers. The current age restriction for SNAP recipients would also remain, continuing to limit opportunities for older individuals in that program. The bill's changes could particularly benefit older SNAP recipients who currently face age-related exclusion from this hiring incentive, and it incentivizes employers to invest in longer-term employment for these targeted groups rather than just short-term hires.
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This bill matters to voters because it aims to boost employment for groups that often face significant barriers to finding and keeping jobs. By making the Work Opportunity Tax Credit more generous and extending it to cover a longer period of employment, it gives businesses a stronger financial reason to hire veterans, people on welfare, and those receiving food assistance. If this bill becomes law, it could lead to more job opportunities for these individuals, helping them achieve financial independence and contribute to the economy.
Without this bill, the WOTC would remain at its current levels, offering a smaller incentive for employers. The current age restriction for SNAP recipients would also remain, continuing to limit opportunities for older individuals in that program. The bill's changes could particularly benefit older SNAP recipients who currently face age-related exclusion from this hiring incentive, and it incentivizes employers to invest in longer-term employment for these targeted groups rather than just short-term hires.
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