Comments on: Dear Mr. President, http://www.daveburris.com/dear-mr-president/ digital media | small business | delaware Thu, 22 Apr 2010 15:57:53 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Dave http://www.daveburris.com/dear-mr-president/comment-page-1/#comment-4442 Dave Fri, 29 Jan 2010 23:47:40 +0000 http://www.daveburris.com/?p=2035#comment-4442 Although I will give him credit for creating what looks like a tamper-proof tax credit and putting in safeguards for preventing fraud. Although I will give him credit for creating what looks like a tamper-proof tax credit and putting in safeguards for preventing fraud.

]]> By: Dave http://www.daveburris.com/dear-mr-president/comment-page-1/#comment-4441 Dave Fri, 29 Jan 2010 21:07:39 +0000 http://www.daveburris.com/?p=2035#comment-4441 It's not a bad idea, but if they were going to do this, they should have done it $797,000,000,000 ago. And if there's no stability, no one will hire anyway, because a) there won't be a tax credit next year and b) even with a $5,000 credit, the employer is still shelling out a lot of money on a new employee. We still need long-term stability. Everybody's still scared to move forward. It’s not a bad idea, but if they were going to do this, they should have done it $797,000,000,000 ago.

And if there’s no stability, no one will hire anyway, because a) there won’t be a tax credit next year and b) even with a $5,000 credit, the employer is still shelling out a lot of money on a new employee.

We still need long-term stability. Everybody’s still scared to move forward.

]]> By: pandora http://www.daveburris.com/dear-mr-president/comment-page-1/#comment-4440 pandora Fri, 29 Jan 2010 21:00:25 +0000 http://www.daveburris.com/?p=2035#comment-4440 Perhaps <a href="http://projects.washingtonpost.com/obama-speeches/speech/173/" rel="nofollow">this</a> might help. <blockquote>So, today, in line with what I stated in the State of the Union, I've proposed a new jobs tax credit for small business. And here's how it would work. Employers would get a tax credit of up to $5,000 for every employee they add in 2010. They'd get a tax break for increases in wages as well. So if you raise wages for employees making under $100,000, we'd refund part of your payroll tax for every dollar you increase those wages faster than inflation. It's a simple concept. It's easy to understand. It would cut taxes for more than 1 million small businesses.</blockquote> Perhaps this might help.

So, today, in line with what I stated in the State of the Union, I’ve proposed a new jobs tax credit for small business. And here’s how it would work.

Employers would get a tax credit of up to $5,000 for every employee they add in 2010.

They’d get a tax break for increases in wages as well. So if you raise wages for employees making under $100,000, we’d refund part of your payroll tax for every dollar you increase those wages faster than inflation.

It’s a simple concept. It’s easy to understand. It would cut taxes for more than 1 million small businesses.

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