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Old 08-22-2011, 05:49 PM
 
Location: NJ
18,665 posts, read 19,983,283 times
Reputation: 7315

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Personally, I'd love to see no Employer FICA Taxes for four years, when hiring those unemployed beyond 6 months, while not simply firing other workers.

Make them show payroll records indicating total employee hours are up (2,080 = 1 FTE basis), and average payroll rate did not fall.

I'd also like a clawback provision, so if the economy overall did not fully reflect these net additions to overall employment, all who received them, even though they abided by terms, would have to pay back a portion (perhaps 1/2) of them. That would allow us to have stable employers view and treat unstable ones as their enemies.
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Old 08-22-2011, 06:02 PM
 
33,387 posts, read 34,872,615 times
Reputation: 20030
how about instead of gimmicks, we practice real world solutions that dont punish people even when they do what is expected of them? lets start by cutting back excess regulations, reform the tax code to make it simpler, and generally make the business environment in this country better for investors? we need sound business principles not gimmicks.
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Old 08-22-2011, 06:08 PM
 
Location: Sango, TN
24,868 posts, read 24,408,005 times
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Completely nationalize healthcare.

A single payer system is government spending, yes. But its government spending that can create jobs outside of the normal means. The largest single expense for most businesses is healthcare. If the government takes over that responsibility, then they would have more money to hire new workers. Or, if you believe in trickle down, then they could pad their pocket books, putting more money in the economy by purchasing new items or putting it into banks for new lending.

I know, I know, socialism, I'm a communist, etc. Actually I'm none of those, and I think that we should either end government healthcare all together, or completely nationalize it. This half and half crap isn't working, and hasn't worked since Reagan signed it into law in 1986, and Obamacare isn't relieving our employers from their burden, in fact it increases it.

So my outside of the box idea is, nationalize healthcare and private employers would then create more jobs, or spending which creates jobs.

Hey, its either that or massive government handouts to contractors that will waste money on infrastructure projects, or wasting it on a military that costs 4 times what the rest of the world combined spends.

You decide.
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Old 08-22-2011, 06:13 PM
 
Location: NJ
18,665 posts, read 19,983,283 times
Reputation: 7315
rbohm, When my state or any other offers tax incentives to a corp to relo, that is a gimmick per your def. Not mine. Like my suggestion, it rewards an activity based on demonstrated incremental change.

Excessive regs hurt, yes, but unless we only lowered them in return for demonstrated actual changes in employment, we would not be aligning actions to help bus with actions by them that helped society.
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Old 08-22-2011, 06:14 PM
 
33,387 posts, read 34,872,615 times
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Quote:
Originally Posted by Memphis1979 View Post
Completely nationalize healthcare.

A single payer system is government spending, yes. But its government spending that can create jobs outside of the normal means. The largest single expense for most businesses is healthcare. If the government takes over that responsibility, then they would have more money to hire new workers. Or, if you believe in trickle down, then they could pad their pocket books, putting more money in the economy by purchasing new items or putting it into banks for new lending.

I know, I know, socialism, I'm a communist, etc. Actually I'm none of those, and I think that we should either end government healthcare all together, or completely nationalize it. This half and half crap isn't working, and hasn't worked since Reagan signed it into law in 1986, and Obamacare isn't relieving our employers from their burden, in fact it increases it.

So my outside of the box idea is, nationalize healthcare and private employers would then create more jobs, or spending which creates jobs.

Hey, its either that or massive government handouts to contractors that will waste money on infrastructure projects, or wasting it on a military that costs 4 times what the rest of the world combined spends.

You decide.
government run health care is massively expensive, and would drain the economy worse than it does now. the best way for this country to deal with health care insurance is to open up the competition in the private sector, and eliminate virtually all government mandates regarding health care, and let the insruance companies come up with innovative products that will cover what the people need covered, and save them money at the same time.

as i said, sound business principles not gimmicks, and government run health care is a gimmick, and a hugely expensive one at that.
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Old 08-22-2011, 06:16 PM
 
13,900 posts, read 9,781,142 times
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Tax reform, spending cuts, entitlement reforms, regulatory reform, and infrastructure spending.
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Old 08-22-2011, 06:20 PM
 
Location: NJ
18,665 posts, read 19,983,283 times
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We also need, IMO, the IRS to not allow any executive costs (payroll, bonuses, benes, etc) to be tax deductable that are not tied solely to long-term (10 years forward) corporate performance. I don't want overall tax collections to rise, so in turn, the portion tied to long-term performance should be allowed to be deducted at several times its cost. We have a this quarter mind-set in exec suites that will destroy this nation if not stopped.
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Old 08-22-2011, 06:20 PM
 
33,387 posts, read 34,872,615 times
Reputation: 20030
Quote:
Originally Posted by bobtn View Post
rbohm, When my state or any other offers tax incentives to a corp to relo, that is a gimmick per your def. Not mine. Like my suggestion, it rewards an activity based on demonstrated incremental change.

Excessive regs hurt, yes, but unless we only lowered them in return for demonstrated actual changes in employment, we would not be aligning actions to help bus with actions by them that helped society.
tax incentives are gimmicks. again we need sound business principles to encourage business to hire in this country. right now we have the highest tax rates of ANY country, and we have the highest load of regulations that make this country uncompetitive in the market place, and we have a president that is bashing business every chance he gets. all this creates a huge level of uncertainty and that is what is killing business in this country. the other thing is union work rules in many industries.

people in this country, and other countries, are not willing to invest their money in this country until much of the uncertainty is eliminated, and not for just a few years either. we need to make changes that will allow business to look ten years down the road before they will risk their money here.
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Old 08-22-2011, 06:21 PM
 
Location: NJ
18,665 posts, read 19,983,283 times
Reputation: 7315
rbohm and Winer Sucks, This is for "Out of the Box".

Those are status quo suggestions.

BTW, rohm, educate yourself, and I have done corp taxes. We have the 2nd highest gross tax rates, but several rungs lower on the actual corp rate paid. GE paid $0 in 2010.

Plus, warren Buffeet admitted tax rates never ever changed any investment decision he made. I'll take his expertise over anyone on the board.

Last edited by bobtn; 08-22-2011 at 06:31 PM..
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Old 08-22-2011, 06:23 PM
 
13,900 posts, read 9,781,142 times
Reputation: 6856
Quote:
Originally Posted by bobtn View Post
rbohm and Winer Sucks, This is for "Out of the Box".

Those are status quo suggestions.
You want a fast food fix, when it calls for a slow cooked well planned meal. Until the actual structural changes are made, you're just thinking up gimmicky band aid fixes.
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