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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (113009)7/9/2010 8:28:40 PM
From: Hawkmoon  Read Replies (2) of 116555
 
Big government tax incentives for small employers

You must be one of those people who believe that government has the right to tax business into bankruptcy..

And while not as preferable as overall tax relief, Tax credits are a means by which the government can foster incentives for business to take certain actions that are in the interest of both policy makers and business owners.

But this is really just a political battle for votes.. If you get your check from the government and not a private company, you're more inclined to vote for your political patrons.

And labor tax credits to retain and hire workers would not meet that requirement. Can't have people receiving (subsidized) checks from private business..

Hawk
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