White House encourages more people to get vaccinated with new tax credit; paid leave provided
BRANSON, Mo. (KY3) – In an effort to get more people vaccinated, the White House has announced it will offer a tax credit to businesses with fewer than 500 employees.
The tax credit will give paid time off to people who get vaccinated or to those who need extra time to recover from the side effects of the vaccine.
A few Branson companies said they thought the tax credit would be beneficial.
Linda Cherry, owner of Crystal Fish Gifts, said her staff is small and she recognizes the impact this could have on small businesses.
“I have six or eight people, so if each of them needed a day or two, it will definitely be a good advantage for small businesses to be able to jump another hurdle that we’re trying to get over,” Cherry says. .
While many of its employees have already received their COVID-19 vaccine, the majority have not experienced any bad side effects.
“We had someone who was out for an extra day,” Cherry said.
Cherry said that before knowing about the tax credit, her team had a vaccination plan in place.
“We already had a plan in place that we would cover two days if they needed to, so this initiative for a small business helps me even more. I really appreciate it, ”Cherry said.
Mary Bowman, owner of Peter Engler Designs, said the tax credit is also a great idea for small businesses.
“It will help employees a lot to have this,” Bowman said.
Bowman said all but one of the employees had received their vaccine. If that employee experiences side effects, this tax credit could help.
“I haven’t had any problems yet, thank goodness. But if they did, it’s nice to know the government came to help us out a bit in that regard, ”Bowman said.
Employee Debbie Wilkerson said she believes many companies could use this support now.
“I’m happy to hear from a lot of people that the side effects are relatively minor, but it’s good to have that extra support to help people as they are doing whatever they can to get back to normal, these extra steps are really helpful, ”said Debbie Wilkerson.
This tax credit is covered by the $ 1.9 trillion relief program adopted last month.
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