Struggling business owners, fearful of the onset of another prolonged recession, will take anything they can get at this point.
An array of tax breaks included in President Barack Obama’s massive jobs bill aimed at coaxing employers into adding new hires seems to fall into that category.
While grateful for relief from what many business owners view as an overly burdensome, overly complex tax structure, the feeling is that the measures included in the $450 billion jobs proposal may not be enough to jolt the U.S. economy out of its malaise.
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1 comment:
Only a person who has never had to make payroll can make sense of this proposal(it is not a bill at this point). If an employer is having a hard time making ends meet he certainly would not hire an employee to get a tax break.If an employer sees the need to make a hire,he wants the best employee he can find, one that will help make the company money, regardless of a tax break. Where it may apply is if an employer has a marginal emloyee that he will let go and hire an unemployed person just to get the tax break. So what good is it to spend federal money on another useless stimulus that won't generate anything good?
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