Biden unveils tax credit for small businesses giving employees paid time off to get vaccinated
President Biden is urging all employers to give workers time off to get vaccinated against COVID-19, and his administration is rolling out a tax credit for small businesses that do so.
Biden on Wednesday again urged Americans to get their COVID-19 vaccine now that adults are eligible to receive one in every U.S. state. But he also addressed concerns from some Americans who say they can't afford to take time off from work to get vaccinated or recover from the vaccine's possible side effects.
"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, and any time they need, with pay, to recover if they're feeling under the weather after the shot," Biden said. "No working American should lose a single dollar from their paycheck because they chose to fulfill their patriotic duty of getting vaccinated."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
To ensure small and medium-sized businesses can do so, Biden said businesses with fewer than 500 employees will be able to get reimbursed for the cost of giving workers paid leave to get vaccinated. These businesses will be eligible for refundable tax credits under the American Rescue Plan, according to the IRS. This credit "ensures that no small businesses or non-profits will lose a single dollar by providing such paid leave to workers receiving a vaccination," the White House said.
Biden on Wednesday also celebrated the fact that the administration has met his goal of administering 200 million COVID-19 vaccine doses in his first 100 days in office. He said during his remarks that the U.S. is still "on track" for looking "much closer" to normal by the Fourth of July, but that "we still have more to do in the months of May and June."
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
Testosterone therapy in women highlights the lack of women’s health researchThe explainer There is no FDA-approved testosterone product for women
-
Magazine solutions - November 7, 2025Puzzles and Quizzes Issue - November 7, 2025
-
Magazine printables - November 7, 2025Puzzles and Quizzes Issue - November 7, 2025
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
