The whole world is buzzing these days about the Presidents jobs bill that he plans to have passed. Now, on the surface there is nothing wrong about this bill. The idea that Americans should get more jobs is not a novel concept but a bill of this nature is a welcome and progressive movement. However, just because they are wanting this initiative doesn’t mean that it will get passed. There is going to need to be some serious changes before that happens.
The first step in the long process is figuring out where the money is coming from. Now, the President is firmly in the belief that the money can come in by cutting out taxes for the rich. Right now there are so many tax breaks for people in the larger income bracket that it seems unfair from a distance. Of course many of these people use their wealth to create more business opportunities and increase the amount of jobs that there are. So there should be some certain push back.
One area that is likely to get the most support will be in reference to not exempting tax breaks for company who outsource jobs. This has been a sore spot for the american people for a few years now. These company who are going out of country to put jobs in place are still allowed to get the same tax benefits and write offs that they do. The jobs bill would hope to hammer them for that. This could cause an influx of money that could really help the country to get back on its feet and to get people back to work.
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