Michael Newman’s latest ‘e-Wealth Daily’ article is titled “More Incentive to Start Your Own Business”. [‘Start Your Business’ Article]


Michael Newman’s latest ‘e-Wealth Daily’ article:

More Incentive to Start Your Own Business

There was some good news released out of Washington late last week that is likely to make both business owners and those looking for work quite happy.

Last Thursday, Congress passed a bill that would offer tax breaks to businesses that made new hires in hopes of stimulating America’s poor job market. So, if you’ve been out of a job for the last little while, it may be time to get those resumes out.

This move makes it quite enticing for businesses to make new hires. For starters, since the recession hit, many businesses have been forced to make cutbacks that have left them understaffed, and therefore unable to work as effectively. Because they are understaffed, workers are not able to perform as good of a job as they once were. However, since operating at full staff was too expensive, many workers had to be let go.

By allowing businesses to hire workers tax-free, it gives business owners the freedom to operate at a relatively low cost, while maximizing their production. The savings can be huge. Not to mention, it can put many unemployed Americans back to work.

This is just another step the government is taking to stimulate job growth in our nation, and it will have a direct impact on Main Street. The government has budgeted roughly $15.0 billion for this plan, so it should be able to help a number of business and individuals that are struggling.

Also, last week, the President outlined his plan to put people back to work by encouraging energy efficiency. He plans on passing a bill called the “Home Star Program,” which will offer on-the-spot rebates of $1,000 to $1,500 to consumers who purchase energy-efficient materials and products for their homes. Things like insulation, windows and doors, water heaters and a number of other items will all be part of the program. It’s expected to offer savings of 50% on such items.

It is expected that the production, installation and further expansion of these items will lead to a boom in jobs across the country as more and more citizens are informed of the benefits (and savings) that surround energy efficiency. The program is modeled after last summer’s “Cash for Clunkers” initiative, which was quite successful.

e-Wealth Daily

About e-Wealth Daily

The e-Wealth Daily Bulletin brings you daily tips, advice and breaking news related to home businesses, small businesses and internet marketing. Our team of experts gives you the information you need to take your business pursuits to the most profitable level. Founded by Adrian Newman in 2003, the e-Wealth Daily Bulletin and www.ewealthdaily.com are a division of Lombardi Publishing with online newsletters reaching over 100,000 subscribers each month.

* IMNewsWatch would like to thank e-Wealth Daily for granting permission to reprint this article.

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