The Chamber testified before Philadelphia City Council’s Committee on Global Opportunities and Creative/Innovative Economy, which held a hearing to investigate the establishment of a tax credit and veterans’ assistance program that would provide a local tax credit for employers upon hiring veterans of the United States military. In the past, we have supported efforts that recognize our veterans for their service and sacrifice to this country. As employers continue to struggle in our current economy, we believe that lawmakers should structure tax policy that makes it easier for employers to create jobs and for veteran jobseekers to find them. The establishment of a local tax credit for employers that hire veterans would go a long way towards growing our regional economy, but more importantly, thanking veterans.
For a complete copy of today’s testimony, please click here.