Lies Lies Job bill will not add many if any new jobs.

[Lost Soul]

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – Wed Feb 10, 6:46 pm ET
WASHINGTON – It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs.

Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers — would work only on the margins.

As for the bill's effectiveness, tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

"We're skeptical that it's going to be a big job creator," said Bill Rys, tax counsel for the National Federation of Independent Business. "There's certainly nothing wrong with giving a tax break to a business that's hired a new worker, especially in these tough times. But in terms of being an incentive to hire a lot of workers, we're skeptical."

Rick Klahsen, a tax expert at the accounting firm RSM McGladrey, said his clients need to see business pick up before they can hire more workers.

"If demand were increased, they are saying it will take care of itself because I will then have the motivation to go out and hire new employees," Klahsen said.

The bipartisan Senate plan would exempt businesses from paying a 6.2 percent Social Security tax on the wages of new employees, as long as the workers have been unemployed at least 60 days. The tax break would run through the end of the year.

A company could save a maximum of $6,621 if it hired an unemployed worker after the bill is enacted and paid that worker at least $106,800 — the maximum amount of wages subject to Social Security taxes — by the end of the year. The company could get an additional $1,000 on its 2011 tax return if it kept the new worker for at least a full year.

PROMISES, PROMISES: Jobs bill won't add many jobs - Yahoo! News

From libtard AP to boot. Must be pretty bad for Obamay when one of the most liberal media state controlled outlets start bitch slapping you around.

A job bill that creates no jobs. Hmmmmmmm......Seeing that I own a small business myself, there are ways to get around playing SS taxes for a year. Fire my employees, pay them under the table for two months, hire them back and not have to pay SS for a year. I wonder how many small companies will to just that to save some tax money because of the heavy tax burden we already pay?

 

[Sarah G]

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – Wed Feb 10, 6:46 pm ET
WASHINGTON – It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs.

Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers — would work only on the margins.

As for the bill's effectiveness, tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

"We're skeptical that it's going to be a big job creator," said Bill Rys, tax counsel for the National Federation of Independent Business. "There's certainly nothing wrong with giving a tax break to a business that's hired a new worker, especially in these tough times. But in terms of being an incentive to hire a lot of workers, we're skeptical."

Rick Klahsen, a tax expert at the accounting firm RSM McGladrey, said his clients need to see business pick up before they can hire more workers.

"If demand were increased, they are saying it will take care of itself because I will then have the motivation to go out and hire new employees," Klahsen said.

The bipartisan Senate plan would exempt businesses from paying a 6.2 percent Social Security tax on the wages of new employees, as long as the workers have been unemployed at least 60 days. The tax break would run through the end of the year.

A company could save a maximum of $6,621 if it hired an unemployed worker after the bill is enacted and paid that worker at least $106,800 — the maximum amount of wages subject to Social Security taxes — by the end of the year. The company could get an additional $1,000 on its 2011 tax return if it kept the new worker for at least a full year.

PROMISES, PROMISES: Jobs bill won't add many jobs - Yahoo! News

From libtard AP to boot. Must be pretty bad for Obamay when one of the most liberal media state controlled outlets start bitch slapping you around.

A job bill that creates no jobs. Hmmmmmmm......Seeing that I own a small business myself, there are ways to get around playing SS taxes for a year. Fire my employees, pay them under the table for two months, hire them back and not have to pay SS for a year. I wonder how many small companies will to just that to save some tax money because of the heavy tax burden we already pay?

Of course it won't especially the way "you lie" repubs tell it.

 

[California Girl]

I am incredibly impressed by the stupidity of people that, instead of asking serious questions about this ridiculous 'jobs' bill (which is actually what the first two 'stimulus' bills were supposed to do), they whine about 'lying republicans'.

It is no wonder this country is in the crapper. Too many fucking clueless idiots.

 

[chanel]

I'd rather see this than putting a million more people on the federal payroll. I honestly thought that's how they planned to "create jobs".

Any price tag on this thing yet?

 

[Gadawg73]

Most unemployed people are unemployed for a reason.
Tax cuts to hire them are meaningless.
Cut capital gains taxes and the economy will explode with jobs.

 

[beowolfe]

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – Wed Feb 10, 6:46 pm ET
WASHINGTON – It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs.

Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers — would work only on the margins.

As for the bill's effectiveness, tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

"We're skeptical that it's going to be a big job creator," said Bill Rys, tax counsel for the National Federation of Independent Business. "There's certainly nothing wrong with giving a tax break to a business that's hired a new worker, especially in these tough times. But in terms of being an incentive to hire a lot of workers, we're skeptical."

Rick Klahsen, a tax expert at the accounting firm RSM McGladrey, said his clients need to see business pick up before they can hire more workers.

"If demand were increased, they are saying it will take care of itself because I will then have the motivation to go out and hire new employees," Klahsen said.

The bipartisan Senate plan would exempt businesses from paying a 6.2 percent Social Security tax on the wages of new employees, as long as the workers have been unemployed at least 60 days. The tax break would run through the end of the year.

A company could save a maximum of $6,621 if it hired an unemployed worker after the bill is enacted and paid that worker at least $106,800 — the maximum amount of wages subject to Social Security taxes — by the end of the year. The company could get an additional $1,000 on its 2011 tax return if it kept the new worker for at least a full year.

PROMISES, PROMISES: Jobs bill won't add many jobs - Yahoo! News

From libtard AP to boot. Must be pretty bad for Obamay when one of the most liberal media state controlled outlets start bitch slapping you around.

A job bill that creates no jobs. Hmmmmmmm......Seeing that I own a small business myself, there are ways to get around playing SS taxes for a year. Fire my employees, pay them under the table for two months, hire them back and not have to pay SS for a year. I wonder how many small companies will to just that to save some tax money because of the heavy tax burden we already pay?

Your reading comprehension isn't very good, is it?

 

[Dont Taz Me Bro]

Of course it won't especially the way "you lie" repubs tell it.

Can you explain how this bill will create jobs, Sarah?

 

[Oddball]

I am incredibly impressed by the stupidity of people that, instead of asking serious questions about this ridiculous 'jobs' bill (which is actually what the first two 'stimulus' bills were supposed to do), they whine about 'lying republicans'.

It is no wonder this country is in the crapper. Too many fucking clueless idiots.

Why, it's easy....

Gubmint spends a jillion dollars and things go well, it's because they rode in to the rescue just in the nick of time.

Gubmint spends a jillion dollars and things go not-so-well, it's because they didn't spend enough soon enough.

Get it?...Got it?...Good.

 

[CrimsonWhite]

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – Wed Feb 10, 6:46 pm ET
WASHINGTON – It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs.

Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers — would work only on the margins.

As for the bill's effectiveness, tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

"We're skeptical that it's going to be a big job creator," said Bill Rys, tax counsel for the National Federation of Independent Business. "There's certainly nothing wrong with giving a tax break to a business that's hired a new worker, especially in these tough times. But in terms of being an incentive to hire a lot of workers, we're skeptical."

Rick Klahsen, a tax expert at the accounting firm RSM McGladrey, said his clients need to see business pick up before they can hire more workers.

"If demand were increased, they are saying it will take care of itself because I will then have the motivation to go out and hire new employees," Klahsen said.

The bipartisan Senate plan would exempt businesses from paying a 6.2 percent Social Security tax on the wages of new employees, as long as the workers have been unemployed at least 60 days. The tax break would run through the end of the year.

A company could save a maximum of $6,621 if it hired an unemployed worker after the bill is enacted and paid that worker at least $106,800 — the maximum amount of wages subject to Social Security taxes — by the end of the year. The company could get an additional $1,000 on its 2011 tax return if it kept the new worker for at least a full year.

PROMISES, PROMISES: Jobs bill won't add many jobs - Yahoo! News

From libtard AP to boot. Must be pretty bad for Obamay when one of the most liberal media state controlled outlets start bitch slapping you around.

A job bill that creates no jobs. Hmmmmmmm......Seeing that I own a small business myself, there are ways to get around playing SS taxes for a year. Fire my employees, pay them under the table for two months, hire them back and not have to pay SS for a year. I wonder how many small companies will to just that to save some tax money because of the heavy tax burden we already pay?

That is President Obama, shit head. I didn't stand for the names that liberals attached to President Bush for 8 years and I 'll be damned if I sit idly by while a so called conservative shows the same level of disrespect for the Office of the Presidency.

 

[Lost Soul]

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – Wed Feb 10, 6:46 pm ET
WASHINGTON – It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs.

Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers — would work only on the margins.

As for the bill's effectiveness, tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

"We're skeptical that it's going to be a big job creator," said Bill Rys, tax counsel for the National Federation of Independent Business. "There's certainly nothing wrong with giving a tax break to a business that's hired a new worker, especially in these tough times. But in terms of being an incentive to hire a lot of workers, we're skeptical."

Rick Klahsen, a tax expert at the accounting firm RSM McGladrey, said his clients need to see business pick up before they can hire more workers.

"If demand were increased, they are saying it will take care of itself because I will then have the motivation to go out and hire new employees," Klahsen said.

The bipartisan Senate plan would exempt businesses from paying a 6.2 percent Social Security tax on the wages of new employees, as long as the workers have been unemployed at least 60 days. The tax break would run through the end of the year.

A company could save a maximum of $6,621 if it hired an unemployed worker after the bill is enacted and paid that worker at least $106,800 — the maximum amount of wages subject to Social Security taxes — by the end of the year. The company could get an additional $1,000 on its 2011 tax return if it kept the new worker for at least a full year.

PROMISES, PROMISES: Jobs bill won't add many jobs - Yahoo! News

From libtard AP to boot. Must be pretty bad for Obamay when one of the most liberal media state controlled outlets start bitch slapping you around.

A job bill that creates no jobs. Hmmmmmmm......Seeing that I own a small business myself, there are ways to get around playing SS taxes for a year. Fire my employees, pay them under the table for two months, hire them back and not have to pay SS for a year. I wonder how many small companies will to just that to save some tax money because of the heavy tax burden we already pay?

That is President Obama, shit head. I didn't stand for the names that liberals attached to President Bush for 8 years and I 'll be damned if I sit idly by while a so called conservative shows the same level of disrespect for the Office of the Presidency.

I have every right to call the piece of shit whatever I damn well please. Last fucking time I checked, one of those rights I fought for was the freedom of speech, which I will express any damn way I feel. If you dont like it, tuff shit and blow it out your ass.

You dont like the way the bill of rights were written, then travel back in time and express your grievance with those who wrote it. Until you do, deal with it.

Him being in the Office of the Presidency is disrespectful enough. Nothing I hang on him will ever disrespect the office any more than that.

 

[beowolfe]

Most unemployed people are unemployed for a reason.
Tax cuts to hire them are meaningless.
Cut capital gains taxes and the economy will explode with jobs.

Been there, done that and it didn't work. NEXT!!

 

[beowolfe]

PROMISES, PROMISES: Jobs bill won't add many jobs - Yahoo! News

From libtard AP to boot. Must be pretty bad for Obamay when one of the most liberal media state controlled outlets start bitch slapping you around.

A job bill that creates no jobs. Hmmmmmmm......Seeing that I own a small business myself, there are ways to get around playing SS taxes for a year. Fire my employees, pay them under the table for two months, hire them back and not have to pay SS for a year. I wonder how many small companies will to just that to save some tax money because of the heavy tax burden we already pay?

That is President Obama, shit head. I didn't stand for the names that liberals attached to President Bush for 8 years and I 'll be damned if I sit idly by while a so called conservative shows the same level of disrespect for the Office of the Presidency.

I have every right to call the piece of shit whatever I damn well please. Last fucking time I checked, one of those rights I fought for was the freedom of speech, which I will express any damn way I feel. If you dont like it, tuff shit and blow it out your ass.

You dont like the way the bill of rights were written, then travel back in time and express your grievance with those who wrote it. Until you do, deal with it.

Him being in the Office of the Presidency is disrespectful enough. Nothing I hang on him will ever disrespect the office any more than that.

Why is he being in the Office of POTUS disrespectful?

 

[EriktheRed]

That is President Obama, shit head. I didn't stand for the names that liberals attached to President Bush for 8 years and I 'll be damned if I sit idly by while a so called conservative shows the same level of disrespect for the Office of the Presidency.

I have every right to call the piece of shit whatever I damn well please. Last fucking time I checked, one of those rights I fought for was the freedom of speech, which I will express any damn way I feel. If you dont like it, tuff shit and blow it out your ass.

You dont like the way the bill of rights were written, then travel back in time and express your grievance with those who wrote it. Until you do, deal with it.

Him being in the Office of the Presidency is disrespectful enough. Nothing I hang on him will ever disrespect the office any more than that.

Why is he being in the Office of POTUS disrespectful?

He's a Dem and he dared to win, silly.

 

[Lost Soul]

That is President Obama, shit head. I didn't stand for the names that liberals attached to President Bush for 8 years and I 'll be damned if I sit idly by while a so called conservative shows the same level of disrespect for the Office of the Presidency.

I have every right to call the piece of shit whatever I damn well please. Last fucking time I checked, one of those rights I fought for was the freedom of speech, which I will express any damn way I feel. If you dont like it, tuff shit and blow it out your ass.

You dont like the way the bill of rights were written, then travel back in time and express your grievance with those who wrote it. Until you do, deal with it.

Him being in the Office of the Presidency is disrespectful enough. Nothing I hang on him will ever disrespect the office any more than that.

Why is he being in the Office of POTUS disrespectful?

One he is a socialist
Two he is not qualified
Three he is corrupt
Four he is a liberal

Enough for me.

 

[Lost Soul]

I have every right to call the piece of shit whatever I damn well please. Last fucking time I checked, one of those rights I fought for was the freedom of speech, which I will express any damn way I feel. If you dont like it, tuff shit and blow it out your ass.

You dont like the way the bill of rights were written, then travel back in time and express your grievance with those who wrote it. Until you do, deal with it.

Him being in the Office of the Presidency is disrespectful enough. Nothing I hang on him will ever disrespect the office any more than that.

Why is he being in the Office of POTUS disrespectful?

He's a Dem and he dared to win, silly.

No mouth breather, I voted for Clinton the first go around. Dumbass.

 

[Zoom-boing]

I don't get it. A company will save xx in tax breaks if they hire someone but the company isn't doing more business to justify hiring that someone. So why would a company hire someone they a) can't afford and b) don't need because business is down.? Just to receive a tax break? Doesn't make any sense. Even the administration says it would only work on the margins. So let's spend some more billions for nothing. Oh, except for that political win.

This bill is a moot point now anyway.

Senate Democrats scrapped a bipartisan jobs bill in favor of one they say is leaner and focused solely on putting Americans back to work, and they're all but daring Republicans to vote against it.

The new, stripped-down proposal followed criticism that the bipartisan version wouldn't create many jobs.

The switch brought sharp accusations of reneging from Republicans who thought they had a deal, jeopardizing a brief attempt at bipartisan lawmaking.

Senate Majority Leader Harry Reid's latest bill focuses on several popular provisions aimed at boosting job creation, including a new tax break negotiated with Republicans for companies that hire unemployed workers and for small businesses that purchase new equipment. It also would renew highway programs and help states and local governments finance large infrastructure projects.

Reid, D-Nev., put forward the pared-back plan after Senate Democrats balked at a broader bill stuffed with unrelated provisions sought by lobbyists for business groups and doctors. The surprise blew apart an agreement with key Republicans like Chuck Grassley of Iowa, who worked with Finance Committee Chairman Max Baucus, D-Mont., for weeks to produce a bill containing the extra provisions.

The original bill had won support from across the political spectrum, from President Barack Obama as well as conservative Republicans in the Senate, offering the promise of a rare bipartisan package in a Congress that has been gripped by partisan fights. To get that support, however, the package had morphed into a 361-page grab bag of provisions that included extending benefits to the unemployed and tax breaks for businesses.

Now, the bipartisan agreement is off.

Senate Dems ax bipartisan jobs bill - Yahoo! News

This says the bipartisan bill was stuffed with pork. Surprise, surprise. Good for the Dems for knocking it down. Makes me wonder, though. Do you think the Dems are choking on their hypocrisy after the pork filled $800B stimuless bill passage? Naaah.