Tax Reform to Help
One way in which these Vets will find opportunities is through two state laws that will help to create additional jobs and will encourage those businesses currently hiring to hire Vets. Governor Susana Martinez signed both initiatives into law this week. Veteran owned businesses will also see a boost when they apply for state contracts. This could open the door for new opportunities for Vets across the board.
House Bill 10, for example, will provide a tax credit of up to $1000 to any business for each hiring of a Vet that's recently returned to the US. House Bill 97 is another important one. It will give up to five percent hiring preference for a business owned by a veteran when applying for state contracts.
Do you think that Vets coming back from the wars and duty overseas should have the opportunity to find jobs through these measures? Although many are very happy for the service, many more jobs need to be created for those citizens still looking for work.