Page 2 of 2 FirstFirst 12
Results 11 to 15 of 15

Thread: Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire

  1. #11
    Enemy Combatant
    Kandahar's Avatar
    Join Date
    Jul 2005
    Location
    Washington, DC
    Last Seen
    10-15-13 @ 08:47 PM
    Gender
    Lean
    Liberal
    Posts
    20,688

    Re: Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire

    Quote Originally Posted by Ethereal View Post
    He should just take the unspent stimulus money and loan it directly to American businesses at 0% interest.
    A lot of the stimulus does exactly that...except they call it government contracts instead of loans. The problem with direct loans, as I see it, is that the government is ill-equipped to determine which businesses should get the 0% interest loans.
    Last edited by Kandahar; 02-01-10 at 12:00 PM.
    Are you coming to bed?
    I can't. This is important.
    What?
    Someone is WRONG on the internet! -XKCD

  2. #12
    Banned
    Join Date
    Sep 2005
    Location
    Los Angeles
    Last Seen
    09-22-10 @ 04:36 AM
    Gender
    Lean
    Independent
    Posts
    11,430

    Re: Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire

    Quote Originally Posted by WI Crippler View Post
    I don't see what's wrong with throwing out a tax credit to small business any time. But small business owners aren't going to go out and hire somebody to pay them $25,000 a year, just to get a $5,000 credit. I agree with the credit he proposes, I don't know if it will be something that actually influences job growth.

    And then there is the question of what constitutes a small business. I'm sure that will be outlined, but the measuring stick for what is big and small varies. Just ask my wife.
    Rather than throwing out a bogus one-time credit, reduce the overall tax rates so the business can save money on a permanent basis. That's money which will go into growing the business and lead to real permanent hiring.

  3. #13
    pirate lover
    liblady's Avatar
    Join Date
    Aug 2009
    Location
    St Thomas, VI
    Last Seen
    03-14-16 @ 03:55 PM
    Gender
    Lean
    Progressive
    Posts
    16,165
    Blog Entries
    1

    Re: Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire

    Quote Originally Posted by chevydriver1123 View Post
    Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire | Raw Story

    As some of you know I'm in Retail Management so I would consider myself to have some credibility when it comes business issues. What Obama and his supporters of this don't realize is that while yea a $5,000 tax credit sounds nice. It means jack when a business doesnt need a said employee or when said employee is more trouble than he/she is worth. While it may sound cold, a persons sole purpose 9 out of 10 times for running a business is money and profit. I know I wouldnt hire someone just to fill a quota (unless corporate mandated it) or just for the sake of giving someone a job. (which would be meaningless if I had no hours for them).
    i serioulsy doubt a business is going to hire someone they don't need. this is a good boost for those on the fence.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


  4. #14
    Advisor
    Join Date
    Sep 2009
    Location
    SoCal
    Last Seen
    07-07-11 @ 02:02 AM
    Gender
    Lean
    Conservative
    Posts
    406

    Re: Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire

    Well look at this...the community organizer doesn't have a clue what drives an economy. But I wonder what is the excuse for his advisors?!?!

  5. #15
    Advisor gopman's Avatar
    Join Date
    Dec 2009
    Last Seen
    09-04-16 @ 09:52 AM
    Gender
    Lean
    Very Conservative
    Posts
    556

    Re: Obama’s jobs plan: Small businesses get $5,000 tax credit for every new hire

    Quote Originally Posted by Ethereal View Post
    He should just take the unspent stimulus money and loan it directly to American businesses at 0% interest.
    And put every bank that's still standing out of business?
    If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
    - Milton Friedman

Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •