Comments on: President Pushes Job Creation Tax Credit; Harkin Pushes Back

By: kumari

kumari — Sat, 30 Jan 2010 17:05:20 +0000

tinman, you are spot-on. US companies are over regulated, especially with environmental regulations..and unionization is killing us. Get rid of the corporate tax altogether, especially since that is just feel good policy..corporations don’t pay taxes, people do. Move healthcare and retirement out of business and make it a personal and individual choice.
Do this, and we would have jobs jobs jobs

By: tinman1967

tinman1967 — Sat, 30 Jan 2010 16:07:40 +0000

The problem with job creation is the government has over regulated companies to the point they can not easily operate in the US. The result of course is the jobs go overseas. A small tax credit will not change this.
Another problem these days in hiring is the legal liability. The Dems love trial lawyers and make it easy for them to help sue companies for hiring the wrong person. Oh, and lets not forget the legal liability when someone you don’t hire decides to sue because they weren’t hired. There was a time when you could hire the best person for the job. Those days are long gone.
When any of my clients start talking about hiring I just point out the hazards of adding employees. I encourage them to automate. A machine has never sued its owner.

By: Jesterfox

Jesterfox — Sat, 30 Jan 2010 15:15:00 +0000

Capping it a $500,000 is bullshit. That’s 100 employees. No small business can hire 100 employees. This is helping McDonalds and WalMart. This is helping big business hire a bunch of workers who won’t be making a living wage. Cap it at $50,000 or let’s talk about how much those workers will be making. Will they get health care with that job?

By: MikeD

MikeD — Sat, 30 Jan 2010 11:05:22 +0000

I don’t see how a hiring tax cut isn’t a completely necessary part of any jobs bill. It’s a good policy to whatever extent it works, and a political no-brainer. As long as there is also sufficient spending-related job creation in the bill as well.

By: SueDe

SueDe — Sat, 30 Jan 2010 05:50:29 +0000

visionbrkr; I also am a small business owner. I am currently not in the market to hire any new employees, regardless of tax credits, and won’t do so unless and until demand picks up. And demand won’t pick up until people have jobs which provide them with at least a small level of disposable income – my business does not market products/services necessary for minimal survival.

Employees the government hires directly through a jobs program wouldn’t need to make $70,000-$100,000/year, even including benefits. They just need jobs that will allow them to make their mortgage payments, make their credit card payments and car payments and feed their families. They need jobs to feel useful. They need jobs to overcome the boredom, malaise and stigma of having no way to contribute their talents, however meager, to a worthwhile enterprise. The government could hire people to sweep streets or plant trees or string broadband cable or work reconstruction jobs in Haiti. The problem is not that the program wouldn’t work, but that people see it as “socialist” or object to the ballooning of the deficit. And some are just cynics who believe that the government can’t do anything worthwhile or, like you, assume all the jobs would fit into some statistic showing that currently federal workers make more money than you do.

By: JugOPunch

JugOPunch — Sat, 30 Jan 2010 04:26:49 +0000

Slow down stimulus bill.

Hiring plans are in place. Then this. $5,000 adds an interesting unknown into the equation.

So much for setting aside Big bucks for this year. I have a feeling things will be reviewed.

By: visionbrkr

visionbrkr — Sat, 30 Jan 2010 03:51:16 +0000

alright my apologies maybe i was a bit over the top but as someone who is struggling as a small business owner this doesn’t go far enough. I’ve considered hiring a person or two in the last 3-4 months but not until I’m certain I can get credit from a bank in case things go south. The last thing i need is to have to lay someone off.

“It would be more effective and much less complicated if the federal government just hired people directly, even if they had to create the jobs.”

Really though? The government like this one.

http://www.usatoday.com/news/washington/2009-12-10-federal-pay-salaries_N.htm

The government that now has 19% of so called civil servants making over $100k per year? I worked 3 jobs to start my business and get it off the ground and I don’t make that. Check the article and the stats are blatantly horriffic. The average federal worker now makes $71,206 while the private sector worker makes $40,331. That doesn’t even go into the gold plated retirement plans and health benefits.

Sorry more of THOSE we don’t need.

By: SueDe

SueDe — Sat, 30 Jan 2010 03:03:58 +0000

visionbrkr: I didn’t say anything about a conspiracy, and I wasn’t implying anything conspiratorial. SHEESH. It was just a question on how the tax credit would work.

It would be more effective and much less complicated if the federal government just hired people directly, even if they had to create the jobs. Of course that would require more deficit spending, which would send the deficit hawks into orbit. Funny how tax credits and tax cuts are never seen as adding to the deficit by those same deficit hawks.

By: clemenza

clemenza — Sat, 30 Jan 2010 02:56:40 +0000

No surprise. Obama’s been frantically implementing what Clinton and Bush started, pointing missles at the other two world powers, China and Russia.

I really hope the Chinese cut the freaking purse strings off.
There’s nobody to save us and I’m afraid the US has crossed a threshold that threatens the entire planet.

I can guess, but I’d love to know who highjacked this government, how did it happen, and what kind of evil would turn us into the most bloodthirsty, greedy, dangerous, nation on earth.

By: geoshmoe

geoshmoe — Sat, 30 Jan 2010 02:56:39 +0000

The president looked very good answering questions today at special meeting with republicans.
This would be something to continue with. Flush em out into the sunshine.
And tax credits for hiring is a good idea too. Pro business isn’t going republican, small business is still what makes main street work, bring em back to reality, carrots, get your carrots. Real conservatives need help now.
I want to see Obama succeed and do good.