Perfect compromise for Debt Ceiling (unemployment rate, companies, layoff, economy)

[yeahboy79]

I'm in the group that says lowering taxes on businesses and wealthy americans does nothing to create jobs. Companies are still going to layoff people and ship jobs overseas if it saves them money. However I can understand why some people feel that it will help.

Here's a compromise Republicans and Democrats can make....Tie the tax revenue part of the bill to the unemployment rate. Give it a year from so say Aug 2, 2012 and if unemployment is not down considerably to 6% then the higher tax rate and loss of subsidies kick in and becomes permanent. Under this compromise, Republicans can say they didn't raise taxes and that businesses didn't keep their end of the bargain. Democrats can say they got additional tax revenue out of the deal and then see if it kicks in later. If businesses hire then everyone wins as a result. They get to keep the lower tax rate and loopholes, People get jobs, republicans can declare victory, democrats can tout about improving the economy. The bush tax cuts were extended and we're coming up on a year now. Extending these cuts until Aug 2012 will give companies 2 years to provie they want to hire. If unemployment doesn't decrease by then it shows Republicans and the wealthy are full of it.