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Reply #37


Response to DallasNE (Reply #25)

Wed Nov 21, 2012, 11:51 AM

37. The key

 

is to take Chrysler and GM and use those two industries as an example to blow a hole into the Republicans argument on tax cuts. Chrysler and GM are now acting responsibly.

The same philosophy that Republicans attached to teachers, should be attached to businesses instead of teachers. President Obama was going in the right direction by attaching tax credits to businesses performance on creating jobs in the United States instead of abroad. The problem with American Businesses, is they show no responsibility to American workers or the American economy by holding on to enormous profits or taking jobs out of this country for cheaper labor. Tax laws should punish them and give more incentive to those creating jobs here. Not giving them tax credits to create jobs over seas will in fact gain more revenues if they choose to do so. Whatever incentive a Foreign Government give them can be recooped by the U.S. Government. That would give companies less incentive to create jobs off shore. Instead, they will resort to taking advantage of the incentives here. President Obama should stick to that plan and that should be their compromise.

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