Thursday, February 19, 2009

Good for a Laugh

Republicans are good for a laugh, if nothing else. I just read a piece in the Georgia newspapers about a proposal the R’s have offered in the General Assembly this year which they say will be the answer to Georgia’s economic recovery. It focuses on helping small businesses and here’s the way it would work:

One of their bills would provide tax credits to businesses that hire unemployed workers and temporarily waive the fee businesses file with the state to register their corporate names.

Q. HOW DOES A BUSINESS HIRE UNEMPLOYED WORKERS IF THE BUSINESS HAS NO DEMAND FOR ITS PRODUCTS OR SERVICES?

Q. AS TO THE SECOND PROVISION, HOW MUCH DOES WAIVING THE FEE FOR CORPORATE NAME REGISTRATION GET YOU? $30 PER BUSINESS? LET’S SEE, IF 90 THOUSAND BUSINESSES ESCAPE PAYING AN ANNUAL REGISTRATION FEE OF $30, THE TOTAL BENEFIT FOR ALL OF THEM IS A WHOPPING $2.7 MILLION. WOW! THAT’LL DO IT, YESSEREE!

The legislation also would gradually phase out Georgia’s corporate income tax, beginning in 2012.

Q. 2012? FOUR YEARS FROM NOW? IS THAT THE BEST YOU CAN DO? UNLESS YOU DO SOMETHING TODAY, OR AT LEAST BEGIN THE BENEFIT THIS YEAR, HOW MANY BUSINESSES DO YOU THINK WILL BE AROUND IN 2012?

Another bill would eliminate the tax on business inventories but that would have to be put to a vote of the electorate. Yep, that’ll happen real soon.

They held a press conference to announce their proposal, taking care to draw geat distinctions between their approach and the approach of President Obama. No wonder no one is paying attention to these guys. They give conservatism a bad name. They give government in general a bad name.

2 comments:

Anonymous said...

Agreed

Ben said...

Nice to hear from someone who understands this issue.