re: #656 The Sanity Inspector
I half-heard something on the radio the other week, that there was a government plan to boost employment by cutting or forgoing payroll taxes for new hires. A guest expert said that this would prompt employers to fire as many people as possible, and then rehire at the more favorable tax rate.
Exactly. And the main reason a business grows is due to increase in productivity and growth and it is actually necessary and beneficial to hire more people. Not because they get a taxbreak on someone they aren’t ready to hire on.