Today is the last day to file your taxes but businesses in Philadelphia seem to be overlooking a key opportunity. Nearly 18 months ago, the City Council approved Mayor Michael Nutter’s $5 million tax-credit program, which would allow businesses to receive a credit of $10,000 against the taxes they pay to the city if they hire someone who has been formally incarcerated, according to the Philadelphia Inquirer. So far, not one business owner has taken advantage of the program, namely because the businesses are required to be identified if they participate. The companies must also agree to provide $2,000 toward tuition support and remain in Philadelphia for at least five years. The program is also being pushed as way to prevent escalating crime in the city.-WLW
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