WASHINGTON – Sen. Mike Rounds together with different US Senators launched the Military Spouse Hiring Act, legislation which might amend the tax code to incentivize companies to rent military spouses.
“Our service members and their households are prepared to sacrifice a lot for our nation,” stated Rounds. “One of these sacrifices consists of shifting from one project to the following, which may make it troublesome for military spouses to safe a job and for employers to rent them. We owe it to our service members and their households to take away obstacles hindering their monetary well-being. Expanding the Work Opportunity Tax Credit to embody military spouses will assist take away one barrier, giving our military households the alternatives they deserve.”
Military spouses constantly expertise unemployment charges considerably larger than the nationwide price, and two-thirds of employed lively obligation military spouses report underemployment.
Frequent strikes typically stall military spouses’ upward profession development and pressure them to discover new jobs.
This legislation would deal with the difficulty by increasing the Work Opportunity Tax Credit program—which provides incentives to employers to rent people who expertise distinctive employment boundaries—to embody military spouses.
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