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2K TAX CREDIT FOR LIVING WAGE Tax credit of $2000 to any company employing American citizen FT and wage>$23,050

Created by B.C. on December 04, 2012

2K TAX CREDIT FOR LIVING WAGE EMPLOYERS

Tax credit of $2000 per employee to any company employing an American citizen FT and at a wage of >$23,050 (fed poverty level for wage earner with family of four). No max credit - companies will receive $2000 for every one of their employees who meet the FT income requirements.

Proposed cost offsets - close corporate tax loopholes and accounting practices that incent offshoring employment.

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