Wednesday, February 11, 2009

Obama's New Economy Plans

Obama plans on providing new tax cuts for working familys in an attempt to restore fairness to the tax code and provide 95% of working Americans the tax relief they need. They plan on creating a new "Making Work Pay" tax credit of up to 500 dollars per person and 1,000 dollars for every working family.

They also plan on elimenating all capital gain taxes on new and small business in an atempt to encourage innovation and job creation. If they do so do you believe that many Americans would take that opportunity and start new business in our current economy? And if they do what new jobs do you think they could create?


In semmation they plan to fight for a trade policy that opens up foreign markets to support good american jobs. They will attempt to use trade agreements to spread good labor and environmental standards around the world. This all sounds good and all but will it work? I don't know I guess only time will tell.

No comments:

Post a Comment