Quote:
Originally Posted by stampsx2
Instead of spending like crazy in a valley to create jobs, why not lower taxes on every big and small business so they can create jobs and growth themselves. Those are long term jobs that fund themselves instead of short term jobs that are funded by the taxpayer.
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In theory that is logical. In practice though, when you are in a recession as we are now, businesses are taking losses, by offering them tax cuts you are not guaranteeing they will create new jobs, and there is no way of enforcing that they do create jobs rather than just use the break to reduce losses. A rebate or some other sort of incentive for businesses to reward job creation is something that could be looked at but I have no idea how something like that would need to be administered without a lot of potential loopholes.