Out of Our Bedroom Slippers and Into Our Marching Boots


President Obama toured our area today and cheer-leaded for his American Jobs Act. President Obama at NC State University in Raleigh: (click link in article below for video)...

“The time for hand-wringing is over. The time for moping around is over. We’ve got to kick off our bedroom slippers and put on our marching shoes,” he said.

Obama’s job’s plan calls for tax cuts, infrastructure spending and new job training assistance to be funded by ending tax loopholes for corporations and American families earning more than $250,000 a year. According to the White House the act will create jobs in NC as follows:

• The President’s plan will cut the payroll tax in half to 3.1% for employers on the first $5 million in wages and in North Carolina, 170,000 firms will receive a payroll tax cut under the American Jobs Act.

• The President’s plan includes $50 billion in immediate investments for highways, transit, rail and aviation which would include at least $797,900,000 in North Carolina that could support a minimum of approximately 10,400 local jobs.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Sands Anderson PC | Attorney Advertising

Written by:


Sands Anderson PC on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.