Lawmakers want to give tax credits to Minnesota businessesMinnesota (WDAY TV) -- Minnesota lawmakers want to give businesses that hire veterans, tax credits.
By: WDAY Staff Reports, WDAY
Minnesota (WDAY TV) -- Minnesota lawmakers want to give businesses that hire veterans, tax credits.
23 percent of veterans in Minnesota are unemployed, the third-highest rate in the nation. Businesses would receive a three thousand dollar credit for hiring a disabled veteran, 15 hundred dollars for an unemployed veteran and 500 dollars for hiring any veteran.
Job Service officials say it's a great idea.
Brad Aune with Job Service says, "It could certainly help. If they have the skills and the education to apply for that position with the work opportunity tax credit for veterans, if there's equal candidates then this might tip the scales in favor of the veteran."
Governor Dayton brought up a similar proposal last year, but it ended up in a tax cut package and he vetoed it.