Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DuckTapeSunroof who wrote (2186)	11/24/2008 2:29:02 PM
From: pompsander	1 Recommendation 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. __________ I hear you. But rather than create a tax policy that incents employers to move offshore, a policy that incents adding W-2 employees to the payroll would not only assist the rampup for the performance of the infrastructure programs that are coming but also help fund Social Security and Medicare (holding the line until the economy revives), and take people off the unemployment roles (very expensive in itself). I'd rather have private employers paying people, even subsidized, than have the government just cutting checks to them.