10-01-2010, 07:12 PM
(10-01-2010, 06:50 PM)Jester Wrote: I think my brain exploded trying to figure out what you just said.If it's a tax credit for hiring, you might be wise to stipulate that you only get the credit for employees who worked for more than X months.
Let's see. You oppose "bogus stimulus", giving money to a company to temporarily employ someone they can't afford.
You support "using ... money" (tax credits) to "enable the company to be able to afford to hire people" by giving them a "hiring bonus".
So, in one case, you're giving the company money on the condition that they hire people. In the other, you're giving the company money when they hire people.
I'm not seeing how this is materially different, except perhaps that in scenario 2 they could just fire them immediately.
The tax credit would not subsidize the employment of a person, but just be a tax write off allowing a company to keep more profits for one year. It certainly would be worthwhile to keep the tax credit bonus as a fraction of the persons salary paid.