Kentuckiana's Morning News with Tony Cruise

Kentuckiana's Morning News with Tony Cruise

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Tax Credits for Vaccines

The Biden administration is offering U.S. companies tax credits to urge them to get their employees vaccinated and back to work. The tax credit -- covering 100% of up to $511 in daily wages per employee for those small- and medium-sized firms with less than 500 employees, was part of the stimulus package passed in March. While President Biden said the U.S. will achieve its goal on Wednesday of giving 200 million vaccine shots in his first 100 days in office, the pace of inoculations is slowing. Caleb Silver, Editor in Chief @ Investopedia breaks it down with Tony.


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