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Will Obama’s Stimulus Plan Work?

By Justin Gardner | Related entries in Barack, Business, Economy, Taxes, Video

Folks on the left and the right of this issue discuss on CNBC…

Of course Kudlow and Toomey were going to argue for lower corporate tax rates, but we’ve seen how many taxes corporations pay (hint: not much). But individual people and smaller businesses need the tax cuts and ability to write off debt, not the monolithic companies that do massive hirings and massive firings.

Basically, what we need now is stability and Obama’s tax cuts seem designed to deliver just that.


This entry was posted on Tuesday, January 6th, 2009 and is filed under Barack, Business, Economy, Taxes, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Will Obama’s Stimulus Plan Work?”

  1. Donklephant » Blog Archive » Pew Takes A Look At Before And After Bush Says:
    January 6th, 2009 at 3:04 pm

    [...] is why I think Obama’s plan to “stimulate” the economy with targeted tax cuts makes a lot of sense. Nobody at the top needs the money, but the average [...]

  2. B. Golchane Says:
    January 6th, 2009 at 6:00 pm

    A simple idea: Homeowners’equity has shrunk across the nation. Why doesn’t government pay off a portion of the homeowners’ debt on their behalf to the finacial institution who are appareently in trouble for the same loans on real states on value dropped market? This will help readjust (establish)the value of the real state to its new lower value, help the home owners in compomsating for a portion of their lost equity and avoid many foreclosures and finally actually inject funds to the financial institutions who are in trouble and need money to keep lending.
    Can someone respose to this this idea and perhanps pass it on to Obama’s economic experts to perhaps consider and work it out?

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