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Senate Democrats offer veterans jobs bill, without millionaire's surtax [View All]

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white cloud Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-05-11 06:49 PM
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Senate Democrats offer veterans jobs bill, without millionaire's surtax
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Washington (CNN) -- Senate Democrats proposed Friday tax incentives for businesses hiring veterans as well as job training for all service members leaving the military.

The measure was unveiled as the next piece in President Obama's jobs bill and as a remedy to unemployment among veterans.

"It would basically make sure that our veterans are not standing at the back of any unemployment line," Sen. Debbie Stabenow (D-Michigan) told reporters. "It's important that we support our troops not just by lip-service but by action, and we intend to act next week."

Noticeable absent from Friday's Democratic proposal is the job bill's controversial millionaire's surtax, which would increases taxes on those with incomes of more than $1 million.

Republicans have roundly rejected the surtax, saying it would hurt small businesses and stunt economic growth.
http://www.cnn.com/2011/11/04/politics/senate-democrats-jobs-plan/
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