Another Reason Not To Hire

Discussion in 'Economics' started by JamesL, Sep 29, 2011.

  1. You have to consider the costs in aggregate. It's a gigantic ruse to simply focus on one cost while collectively these costs are a back breaker for many businesses.
     
    #11     Sep 29, 2011
  2. Because the tax is based on active employee wages (at least here in IL).
     
    #12     Sep 29, 2011
  3. That is about the jist of it. Employers of size play the numbers and name game for tax purposes. If you have an associate that is on indefinate layoff but still on rolls there is a tax benefit. You can keep thier 401k money locked in and still show them on the books in an obscure way. As far as labor jobs and service job go outsourcing is still the mantra. The government is making the correct moves by taxing these corporations, so they must either pay up of pull out. Then next step in game is to have a phantom HQ over in another country, 60 Minutes has an episode devoted to this. Then the issue for the corporations becomes repatriating the profits. the game goes on and on ... The game will end when full globalization occurs. There will no where to hide for the corperations. IN the states nothing major for hiring will occur until after the 2012 election. How can you plan 10 years down the road if you are not certain which way the US will go. There is a major shift in sentinment for all demographics in the US. The change in a couple key NY areas was the tell.

    Welcome to Neo Fuedalism,

    Akuma
     
    #13     Sep 30, 2011
  4. AK100

    AK100

    It does if you work for a bank and/or in the government.
     
    #14     Sep 30, 2011
  5. jprad

    jprad

    This tax increase is no different than any other.

    The employees ultimately foot the bill by getting a lower annual raise or starting salary.
     
    #15     Sep 30, 2011
  6. Mayhem

    Mayhem

    But TARP does.
     
    #16     Sep 30, 2011