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Thread: Job Creating Tax Deductions?

  1. #1
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    Morality Games's Avatar
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    Job Creating Tax Deductions?

    Not feasible in the current economic-political landscape, but if there was a way of keeping track of the number of jobs a single person's investments were responsible for creating, would it be reasonable to give them tax deductions for creating those jobs?

    EDIT:

    The idea being to reward people who put their money at work in the American economy.
    Last edited by Morality Games; 07-12-11 at 02:38 AM.
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    Re: Job Creating Tax Deductions?

    Quote Originally Posted by Morality Games View Post
    Not feasible in the current economic-political landscape, but if there was a way of keeping track of the number of jobs a single person's investments were responsible for creating, would it be reasonable to give them tax deductions for creating those jobs?

    EDIT:

    The idea being to reward people who put their money at work in the American economy.
    No real reliable way of tracking it and would just be misused and abused.
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    Re: Job Creating Tax Deductions?

    Quote Originally Posted by Redress View Post
    No real reliable way of tracking it and would just be misused and abused.
    Like any tax break, yes.

    However, I think it's a great idea to give businesses an incentive to hire. Any revenue lost to such a break would be made up in the tax revenue gained by having more people employed and earning a decent income.


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