As described here, the mere declaration in the State of the Union of a tax credit to small businesses that hire workers won't cause such small businesses to hire workers.  Because businesses make hires based on sales, cash flow, and demand for products/services that requires additional personnel, the tax credit won't so much give an incentive to hire as it provides a windfall to businesses whose success was going to lead to hires without the tax credit.
Who benefits?  Not the public.  Why are we paying for this?
No comments:
Post a Comment
Good-natured and spirited debate welcome. Ranting flameouts might consider posting elsewhere. Relevant posts containing links to your own's blog's comments on the subject are always welcome; incoherent mumblings accompanied by spam posts for commercial products are just not cool. Use good sense.