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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (453245)	2/2/2009 10:25:29 AM
From: i-node	Read Replies (4) \| Respond to of 1571301

>> So you are against every temporary stimulus. Not at all. But this bill isn't "stimulus". It is a liberal wild spending spree that will add a trillion to our national debt and give the country nothing in return. The most stimulative thing you can do is to cut taxes, particularly, if you cut them in ways that will induce capital investment. If you tell major corporations they will receive tax benefits by making investments NOW but that those benefits will be curtailed after a certain period, they're motivated to do it now. The most important thing that could be done would be to reinstate section 38, which provided for the "Investment Tax Credit", while maintaining the current section 179. But there are numerous other opportunities. They could provide employers with an incentive to keep people on -- a "jobs" credit that would reimburse employers for most of what they pay employees for a short period of time. There are lots of things that could be done that don't involve wild spending. Techniques that are proven to work. Throwing money at unemployment benefits, Medicaid, etc., is not an "investment" it is "consumption".