Top 10 Energy Stocks and an Overlooked Power Fund [View article]
"We need tax credits to those who invest in productive assets which then stimulate permanent job creation and growth."
I'm not convinced that there's a strong, positive correlation between investment tax credits and job creation. After all, the fans of overseas outsourcing assure us that labor-saving equipment destroys many more jobs than outsourcing does. If we're interested in stimulating employment, why not enact a domestic jobs credit? Corporations might get credit for jobs they would create anyway, but, with an investment tax credit, they get credit for capital equipment they would buy anyway.
I second the comment "Thank you very much for the highly useful information! "
Top 10 Energy Stocks and an Overlooked Power Fund [View article]
I'm not convinced that there's a strong, positive correlation between investment tax credits and job creation. After all, the fans of overseas outsourcing assure us that labor-saving equipment destroys many more jobs than outsourcing does. If we're interested in stimulating employment, why not enact a domestic jobs credit? Corporations might get credit for jobs they would create anyway, but, with an investment tax credit, they get credit for capital equipment they would buy anyway.
I second the comment "Thank you very much for the highly useful information! "