White House Offers New Tax Credit to Help Spur Vaccinations
Author: internet - Published 2021-04-21 07:00:00 PM - (188 Reads)President Biden on Wednesday announced new employer tax credits to encourage people reluctant to be vaccinated to get the COVID-19 shot, reports the Associated Press . More specifically, Biden unveiled a tax credit for small businesses to provide paid leave for those getting vaccinated or potentially needing to take time off to recover from side effects. Covered by the $1.9 trillion virus relief package passed in March, the tax change would offer a daily credit of up to $511 per employee for businesses with fewer than 500 workers to guarantee that those workers or businesses are not penalized for getting vaccinated. The administration is urging larger employers to offer the same benefits to their employees, as well as educate them about the shots and encourage them to get vaccinated. "We're calling on every employer, large and small, in every state, to give employees the time off they need with pay to get vaccinated," Biden declared.