Thursday, January 28, 2010

A Tale Of Two Tax Cuts

First up - Rep. Tom Graves and Sen. Chip Rogers propose a good ol' fashioned "conservative" approach to creating jobs.
$2,400 Tax Credit for the Hiring of the Most Difficult to Employ: Any Georgia company which hires a person who is difficult to employ and is currently receiving unemployment benefits...A Triggered 50 Percent Reduction of the Capital Gains Tax for all Georgia Taxpayers.
What a wonderful free market approach to the economy!

Next up - a portion of President Obama's State Of The Union.
I am also proposing a new small business tax credit – one that will go to over one million small businesses who hire new workers or raise wages. While we’re at it, let’s also eliminate all capital gains taxes on small business investment; and provide a tax incentive for all businesses, large and small, to invest in new plants and equipment
According to Georgia's own Erick Erickson, the speech was an "assault on the free market system".

Yet, I'm sure we'll continue to see plenty of a very earnest Erick spewing his tripe on the 'liberal' media.

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