The Gift Giver Keeps On Giving: Biden Offers Tax Credits for COVID-19 Vaccination Paid Time Off

Reuters

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President Joe Biden on Wednesday announced tax credits for certain businesses that pay employees who take time off to get COVID-19 shots, a new effort to involve corporate America in his vaccination campaign.

“I’m calling on every employer, large and small, in every state to give employees the time off they need with pay to get vaccinated,” the Democratic president said.

The tax credits will apply to businesses with fewer than 500 employees, he said.

In a speech, Biden also said he expects the United States to reach his 100-day goal of getting 200 million coronavirus vaccine shots in arms by the end of the day, even as the nation faces an increase in infections.

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