Christen Gowen of the Times Union writes - “U.S. Sen. Charles Schumer visited the Capital Region on Monday, announcing a new proposed tax cut that would benefit businesses hiring workers who have been laid off for at least 60 days.

Schumer told a crowd of people at X-Ray Optical Systems that businesses who hire unemployed workers this year will see immediate savings by not having to pay payroll taxes on that worker in 2010. The more a business pays a worker, and the longer a business has a worker on its payroll, the greater the tax benefit, the senator said. Schumer is teaming up with Sen. Orrin Hatch, R-Utah, for the proposed tax cut.
The proposal is included in a Senate jobs bill, which was approved on Monday in a procedural vote.

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