You offer tax cuts to hire people?
So that tax cut will pay for the salary, and other costs of employing someone?
And if that person was even needed to begin with, why the hell would you need a tax cut in order for them to be hired? The business would have long ago done so!
Without following the link due to time constraint, I have to ask, how many firms are going to hire for the tax cuts then lay off because they can’t afford to pay their employees over the long term?
Does not sound right to me.
.....So that tax cut will pay for the salary, and other costs of employing someone?......
The whole concept is a sham.
Small businesses not making a profit can not hire when their current tax bill is ). Larger firms scraping by still aren’t going to take a tax credit if it raises the overall expense.
Bottom line, the cost is zero if there are none to take the credit.
So now they get a tax break by laying off someone and hiring a replacement?
You have that wrong.
They did not offer tax cuts. They only offered tax CREDITS which have countless stipulations to get them. While on the other hand, they previously raised unemployment premiums (taxes) which cancels out any gain if a business qualifies for the tax credits in the first place.
That, and most of the money will go to Construction Unions under Davis Bacon rules who all got big fat raises and benefit packages recently.
Will it create 250,000 jobs? It will merely extend the Union seniority list into another year of milking a fat wage off the public.
“So that tax cut will pay for the salary, and other costs of employing someone?
And if that person was even needed to begin with, why the hell would you need a tax cut in order for them to be hired? The business would have long ago done so!”
Folks, we have a WINNER !