Detailed text transcripts for TV channel - MSNBC - 20110923:15:46:00
So how far will those tax incentives go in spurring businesses to hire? >> well, let me put you in a position of being an owner. you've got ten people working for you. pay them $30,000 each. you get about $9,000 tax credit. that's money in your hand, but you didn't hire an 11th worker at $30,000 because you didn't think they could bring enough value to the firm with weak sales to pay for themselves. that's a losing deal. getting this tax break is not going to change whether or not this particular worker will bring in enough value to pay. so you'll keep the money and worry about, use that to he...
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