MD WOTC State Level Savings (Welfare Programs)
In his April 2013 study, “A Detailed Assessment of the Value of WOTC” Professor Peter Cappelli of the Wharton School quantified the savings in social spending programs to the United States Government that are generated by moving an individual from public assistance to private sector employment through the work opportunity tax credit (WOTC). The study that follows. prepared under Professor Cappelli’s supervision, quantifies the savings at the state level in three programs which formed the basis his 2013 Federal level study.