Quote:
Originally Posted by TheMercenary
That is because any small business owner knows this is not going to make a difference in the long run. What is to prevent them from taking on a few people to get the tax break and then when it runs out just let them go as in the example I gave you?
|
Because it costs more than $5000 to employ someone. They won't gain money by doing that unless they actually have profitable work for that employee to do.
Some companies may not be able to continue that employment without the extra $5000, but some will. And even for the ones who can't, they will have employed someone for the duration of the stimulus, and the person will hopefully be in the job market in a better economy. This is a job stimulus bill, after all, designed to boost the job market while the economy recovers.