Quote:
Originally Posted by iggy_oi
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.
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Is this not a highly desired outcome as well? Reducing losses reduces the odds of a business going under, which reduces the odds of more people being thrown out of work.
I realize that you were responding directly to a question about tax cuts to create jobs, but surely you also realize that saving an existing job is valuable also.