Paulie
Diamond Member
- May 19, 2007
- 40,769
- 6,382
- 1,830
Now is the perfect time to see if tax cuts can help stimulate the economy.
Businesses right now are expecting to lose the benefit. That may or may not be contributing to the continual lack of hiring. But it's definitely a decent assumption that it is.
Let's keep the cuts extended for another year, with an open end to further extend if jobs and growth are a result. If specific benchmarks are not reached, then expire them.
It will either incentivize businesses to hire, or it won't and they will lose the tax break after next year. Their loss.
If the economy is really just a state of mind, then we need to stimulate the minds and get money moving again. It's not like the money isn't there. It's just sitting stagnant because of uncertainty about the future.
I personally think creating more expense for ANYONE right now is a horrible idea. You can hate the rich all you want, or even the mildly sucessful, but the fact remains that they are the ones providing jobs.
Businesses right now are expecting to lose the benefit. That may or may not be contributing to the continual lack of hiring. But it's definitely a decent assumption that it is.
Let's keep the cuts extended for another year, with an open end to further extend if jobs and growth are a result. If specific benchmarks are not reached, then expire them.
It will either incentivize businesses to hire, or it won't and they will lose the tax break after next year. Their loss.
If the economy is really just a state of mind, then we need to stimulate the minds and get money moving again. It's not like the money isn't there. It's just sitting stagnant because of uncertainty about the future.
I personally think creating more expense for ANYONE right now is a horrible idea. You can hate the rich all you want, or even the mildly sucessful, but the fact remains that they are the ones providing jobs.