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Why a 'new jobs' credit will fail

October 14, 2009

From TaxVox:

In a very nice story last week, Lou Wilin of the Findley Ohio Courier asked employers in his hard-hit state whether the credit would encourage to them to hire. Overwhelmingly, they said no: "People do not staff plants based on tax credits," said Jed Osborn, plant controller for Ball Corp. "You just do not hire people to stand around," Osborn said. "They have to have a reason to be there."

No orders means no jobs, tax credits or no tax credits.

Tags: tax credits.TaxVox.

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