Business is rationally in a bunker mentality until they see that the Marxists in power are not only going to be thwarted in their goals, but also that the damage they’re doing now is going to be repealed.
Picking favorites by trying to give a break to those who only with that incentive will decisde to hire is hurting those who have already hired up or who laid off fewer to date, but it’ll also weaken thos who hire just for the break.
Across the board, permanent taxes cuts accompanied by cuts in spending are the only rational way out of this.
Great~ You have your perfect plan. Now go get it passed thru the Congress and signed into law.
Of course you will not even get enough votes to overcome the Leftist filibuster in the Senate, but hey, at least your plan is ideologically pure!
But for the sake of fun, pretend you get it passed.
Meanwhile, what are we suppose to do for the next 1.5 years waiting for your tax cuts to go into effect?/
Just cutting tax rates doesn't work immediately because you pay taxes on LAST year's income.
So where is your plan for some short term economic growth?