About: New Jobs tax credit

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The New Jobs tax credit was a tax credit policy created as part of the 1977 stimulus package enacted by the Carter administration and was in effect through 1978. The tax credit acted as a form of wage subsidy by granting employers a tax credit for making new hires. In 1979, the credit was not renewed and it was ultimately perceived as a failure due to poor execution and lack of exposure.

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rdfs:label	New Jobs tax credit (en)
rdfs:comment	The New Jobs tax credit was a tax credit policy created as part of the 1977 stimulus package enacted by the Carter administration and was in effect through 1978. The tax credit acted as a form of wage subsidy by granting employers a tax credit for making new hires. In 1979, the credit was not renewed and it was ultimately perceived as a failure due to poor execution and lack of exposure. (en)
dcterms:subject	Taxation in the United States Tax credits
Wikipage page ID	31744645 (xsd:integer)
Wikipage revision ID	1059581279 (xsd:integer)
Link from a Wikipage to another Wikipage	Presidency of Jimmy Carter Tax credit Taxation in the United States Stimulus (economics) Barack Obama American Economic Association Tax credits Hiring Incentives to Restore Employment Act Tax Reduction and Simplification Act of 1977 The American Economic Review Subsidy
sameAs	New Jobs tax credit New Jobs tax credit New Jobs tax credit New Jobs tax credit
dbp:wikiPageUsesTemplate	dbt:Cite_journal dbt:Refimprove dbt:Reflist dbt:Tax-stub
has abstract	The New Jobs tax credit was a tax credit policy created as part of the 1977 stimulus package enacted by the Carter administration and was in effect through 1978. The tax credit acted as a form of wage subsidy by granting employers a tax credit for making new hires. In 1979, the credit was not renewed and it was ultimately perceived as a failure due to poor execution and lack of exposure. As written in the Tax Reduction and Simplification Act of 1977, the tax credit offered fifty percent of the first $4,200 in wages per employee for increases in employment of at least two percent over the previous year. In early 2010, there was renewed interest in duplicating the original 1977 tax credit in legislation proposed by Barack Obama. The proposed tax credit was renamed and included in the Hiring Incentives to Restore Employment Act. (en)
gold:hypernym	Policy
prov:wasDerivedFrom	wikipedia-en:New_Jobs_tax_credit?oldid=1059581279&ns=0
page length (characters) of wiki page	1665 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:New_Jobs_tax_credit
is Link from a Wikipage to another Wikipage of	Working Tax Credit
is foaf:primaryTopic of	wikipedia-en:New_Jobs_tax_credit

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