{"id":8365,"date":"2010-02-01T06:00:10","date_gmt":"2010-02-01T11:00:10","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=8365"},"modified":"2010-07-07T20:05:20","modified_gmt":"2010-07-08T01:05:20","slug":"now-youre-talking-sir","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=8365","title":{"rendered":"Now You’re Talking, Sir."},"content":{"rendered":"

President Obama seems to have realized that capital gains aren’t a chief concern of business owners and instead is now focusing on a $5000 per capita tax-credit to business that hire new employees.<\/p>\n

WSJ<\/a>: The details of the initiative, which Mr. Obama is expected to highlight when he visits Baltimore today, include a $5,000 tax credit for every net new employee in 2010. This credit would be retroactive to the beginning of the calendar year and could be received on a quarterly basis, if the business so chooses. In addition, employers would receive a tax credit to cover Social Security payroll taxes on wage increases.<\/p><\/blockquote>\n

As a small business owner that is in fact looking to hire someone in February, I can finally say that the President is proposing a policy that will<\/p>\n

    \n
  1. make me think twice about my plan to bring on a contract worker vs. hiring them full time; which is to say paying the self-employment taxes and<\/li>\n
  2. make me think twice about making it a full-time permanent position now versus a later date.<\/li>\n<\/ol>\n

    Tax cuts across the board would still be a better idea and the macro issues and effects related to this proposal have yet to be debated but I for one am pleased with the President’s initiative.*<\/p>\n

    *No, someone didn’t hack into my laptop to write something positive about Barack Obama.<\/h5>\n","protected":false},"excerpt":{"rendered":"

    President Obama seems to have realized that capital gains aren’t a chief concern of business owners and instead is now focusing on a $5000 per capita tax-credit to business that hire new employees. WSJ: The details of the initiative, which Mr. Obama is expected to highlight when he visits Baltimore today, include a $5,000 tax […]<\/p>\n","protected":false},"author":228,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,69],"tags":[],"class_list":["post-8365","post","type-post","status-publish","format-standard","hentry","category-president-obama","category-socialism"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/8365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/228"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8365"}],"version-history":[{"count":17,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/8365\/revisions"}],"predecessor-version":[{"id":8378,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/8365\/revisions\/8378"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8365"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}