Why a $10,000 Philly tax break got almost no takers
Imagine if you offered a tax credit and nobody applied for it? That’s what happened in Philadelphia. Since 2008, the city has offered companies a $10,000 per year tax credit if they hired people with records. Few took it. Now the city’s trying something different.
‘Fair Chance’ will reimburse employers for hiring Philly ex-offenders
Philadelphia has a new initiative designed to put cash on the table instead of tax credits for city businesses that hire people with criminal records. Mayor Jim Kenney is urging businesses to take advantage of it. “There’s a lot of smart decent people there who took a wrong turn maybe can’t make bail,” he said Wednesday.
How Philly is revitalizing a widely unused tax credit program for hiring returning citizens – Generocity Philly
As it’s been made clear time and time again, finding a job is one of the most important factors that help those returning from prison to find success and avoid the hugely consequential problem of recidivism Philly is trying to tackle.