The impact of targeted jobs tax credit on employment opportunities for persons with disabilities

This article addresses the critical impact of the TJTC program on employment opportunities for persons with significant disabilities. The primary intent of TJTC has been to provide employment incentives for the private sector to provide job opportunities for specific groups that are structurally unemployed and result in: (1) a reduction in structural unemployment; (2) employment opportunities to the disadvantaged; (3) employers to seek out and hire the disadvantaged; (4) cost effective outcomes for taxpayers and society; (5) improved income, training, and retention for the TJTC employee. This written testimony to the committee on ways and means, House of Representatives, highlights:

• The vital importance of TJTC on employment opportunity for persons with disabilities;

• Research and experience that indicate that intent of TJTC have been meet or exceeded for the TJTC disabled target groups; and

• Cost effective recommendations to make TJTC even more effective for persons with disabilities and employers in the future.