Saturday, May 1, 2010

How to Save the American Job Market

Companies should be given tax incentives for spending more on salaries this year than last year, and tax penalties for spending less.

This should either get companies to hire more employees of pay them better wages.

NOTE: This should not cost the government any money. Sure, there would be an upfront cost. But, in the long run, the gov would get that money back in increased annual revenue from income taxes on the new salary dollars.

No comments:

Post a Comment