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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (2180)11/24/2008 2:25:27 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "a tax credit for businesses that create new jobs in the United States."

I am generally opposed to ALL sorts of 'targeted tax preference items'.

But, if they can pay for this one with reductions in EVEN LESS ECONOMICALLY USEFUL existing tax loopholes (the special loophole for Hedge Fund owners... the tax breaks that benefit insurance companies and other such who re-incorporate offshore in 'tax havens' while keeping their operations and businesses here, etc., etc.) than this suggested tax preference could well be BETTER than what it REPLACES.



To: pompsander who wrote (2180)11/24/2008 2:26:43 PM
From: Bill  Read Replies (1) | Respond to of 103300
 
What a crock.



To: pompsander who wrote (2180)11/24/2008 7:59:43 PM
From: GROUND ZERO™1 Recommendation  Read Replies (1) | Respond to of 103300
 
Don't be so naive, businesses don't create new jobs just because a tax credit is being offered... obviously, obama never ran a business... I'm certainly not going to create a new job just for a 3K tax break, are you kidding? As well, I'm sure there are strings attached to those credits... you'll also have to provide some health insurance and so on... the so called tax credit will end up costing the employer more than it's worth, it just won't work... the whole idea will fail... jimmy carter tried it and if failed miserably then too... so, let's try reinventing the wheel again... obama is proving himself to be a regular hack...<g>

GZ