Comments on: Tax Cuts Alone Won’t Boost Employment http://www.peridotcapitalist.com/2009/02/tax-cuts-alone-wont-boost-employment.html Stock market and investing blog published by Chad Brand, Founder/President of Peridot Capital Sat, 11 Feb 2012 23:26:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: texalope http://www.peridotcapitalist.com/2009/02/tax-cuts-alone-wont-boost-employment.html/comment-page-1#comment-1365 texalope Sun, 22 Feb 2009 16:06:45 +0000 http://www.peridotcapitalist.com/?p=1191#comment-1365 I agree that reducing taxes is not going to accomplish what we need. The government knows how to incent the behavior it wants through tax policy. During the recession in the 1970's we instituted an investment tax credit which encouraged investment in equipment. The business was permitted to write off a tax credit for investment in new equipment . It was based on a percentage of the purchase price. While businesses didn't necessarily have the immediate business to justify adding equipment there was a real incentive to upgrade and modernize to prepare for the next business expansion. I agree that reducing taxes is not a I agree that reducing taxes is not going to accomplish what we need.
The government knows how to incent the behavior it wants through tax policy. During the recession in the 1970′s we instituted an investment tax credit which encouraged investment in equipment. The business was permitted to write off a tax credit for investment in new equipment . It was based on a percentage of the purchase price. While businesses didn’t necessarily have the immediate business to justify adding equipment there was a real incentive to upgrade and modernize to prepare for the next business expansion.

I agree that reducing taxes is not a

]]> By: The Dow Theory Sell Signal Edition of Money Links http://www.peridotcapitalist.com/2009/02/tax-cuts-alone-wont-boost-employment.html/comment-page-1#comment-1364 The Dow Theory Sell Signal Edition of Money Links Sat, 21 Feb 2009 03:24:18 +0000 http://www.peridotcapitalist.com/?p=1191#comment-1364 [...] Tax Cuts Alone Won t Boost Employment [...] [...] Tax Cuts Alone Won t Boost Employment [...]

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