Wednesday, October 07, 2009

Support Builds for a Tax Credit for Creating Jobs

Support Builds for a Tax Credit for Creating Jobs
"critics of the idea argue that businesses hire based on actual demand for their products, and a minor subsidy for adding an employee will not make up for the collapse in demand across the broader economy.
“Why would a business hire a new worker?” Bill Rys, tax counsel to the National Federation of Independent Business, a small-business industry group, said.
“They’re hiring because they need to do work. Unless you have work to do, it’s still an expense.”

This was a disaster when tried under the Carter regime.
It will be a disaster under Hussein Carter the 2nd.
Except for all the new government employees needed to run this idiocy.

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