As Congress debates the farm bill, food stamp recipients are in jeopardy of losing their benefits. The bill proposes to cut $24 billion over ten years from the program. Food stamp recipients, also known as SNAP recipients, are the largest category of WOTC-eligible workers with 70.8% of the total Certificates released in 2011.
The WOTC law has always been intended to make these 'hard to hire' workers more attractive to employers by providing a significant tax benefit of up to $2400.00. By getting citizens that rely on these government programs back in the workforce, the program cost is lowered and everyone wins. Private employers that utilize the WOTC are leading the way in this current economy by creating jobs, creating more tax paying citizens and lowering the cost of government programs.
There really is no debate that the WOTC law is a productive and useful way to incentivize employers and there is no downside to it's intended purpose. Everybody wins.
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