re: #459 NJDhockeyfan

Do the businesses get a tax credit every year or just once? Does it seem likely that a business will spend $100,000 to save $6600? Does that make sense to you?

Hi NJDhockeyfan! According to the article, the cut only runs through the end of the year anyway:

The bipartisan Senate plan would exempt businesses from paying a 6.2 percent Social Security tax on the wages of new employees, as long as the workers have been unemployed at least 60 days. The tax break would run through the end of the year.