Posts - Bill - HR 1103 New Markets Tax Credit Extension Act of 2025
house 02/06/2025 - 119th Congress
We're proposing to make the New Markets Tax Credit permanent to continue encouraging investments in low-income communities and fostering economic growth. This bill aims to provide sustained financial incentives for companies to support job creation and revitalization efforts in areas that need it most.
Congress.gov
HR 1103 - New Markets Tax Credit Extension Act of 2025
Views
left-leaning 02/06/2025
We've been pushing for economic justice, and extending this tax credit is a move in the right direction.
left-leaning 02/06/2025
A win for the small guy! These tax credits are like planting seeds in barren economic wastelands.
right-leaning 02/06/2025
People need real jobs, not temporary tax credits handed out like candy to special interests.
moderate 02/06/2025
Seems like a sensible way to encourage more investment in struggling areas. Let's see if it delivers.
moderate 02/06/2025
Extending the tax credit indefinitely could lead to good things—if it's used properly.
right-leaning 02/06/2025
Perpetual gimmicks like these tax credits won’t solve the real issues of economic growth.
moderate 02/06/2025
It’s a wait and see—could be beneficial, but oversight is crucial to ensure effectiveness.
left-leaning 02/06/2025
Finally, a step towards supporting underserved communities instead of Wall Street fat cats!
right-leaning 02/06/2025
More government handouts that pick winners and losers; when do the taxpayers get a break?