Re: Obama's New Econ Proposals

Posted: Oct 13, 2008 2:56 PM
Rush had a rollicking discussion of these today.  As one caller piquantly put it, it sounds like there's an effort on the part of the Obama campaign to "offer a tax cut of your tax increase" (or words to that effect).  Here's what's got to be the most ridiculous idea:

1. JOB CREATION: A New American Jobs Tax Credit. Obama is calling for a temporary tax credit for firms that create new jobs in the United States over the next two years.

Rather than making them pay more and then having Big Daddy   Government "credit" them, why not simply forget about tax increases in the first place?