Small businesses, so they say, provide jobs for more than half of all U.S. employees, pay 44% of this country’s total private payroll and have created more than 60% of new U.S. jobs over the past 15 years. So when I received six letters in the mail yesterday from the IRS, I figured they were… Read the rest
Let’s say the U.S. economy is a man drowning in a swimming pool. Water is getting into his lungs, crowding out the oxygen, and he can’t breathe. But just as he’s going down, a couple of people passing by see him, grab him and pull him out of the pool. He’s lying on the ground, sputtering. No… Read the rest
or until you actually think it through. Which Congress rarely does. Like a tax credit for hiring people. “Owners cannot pay workers more than the value they add to the firm. This is why a jobs tax credit will do little to increase employment. No one can pay $40,000 for a worker to get a $5,000… Read the rest
