dan said a few ideas here or there and you re having discussions with debt talks, for instance, whether or not you couldn t have some sort of comprehensive tax reform. something the community has been urging. i would just add to go with james point. one of the problems here is uncertainties and the debt talks are a perfect example of this. one of the reasons it was so important to pass extension of the bush tax cuts, so that businesses could plan and yet, four or five months on from that debate. we are already president obama put those, the potential of a huge new tax hike on companies, back out on the table and adding that uncertainty back again and that s playing into their lack of hiring as well. the extension of the payroll tax cuts seems to be the white house s for another year. it s a 2 percentage point cut in payroll taxes for workers this year and they want to extend it for another year. very expensive 120 billion dollars or so and it does add to the deficit. if it was goin
james point. one of the problems here is uncertainties and the debt talks are a perfect example of this. one of the reasons it was so important to pass extension of the bush tax cuts, so that businesses could plan and yet, four or five months on from that debate. we are already president obama put those, the potential of a huge new tax hike on companies, back out on the table and adding that uncertainty back again and that s playing into their lack of hiring as well. the extension of the payroll tax cuts seems to be the white house s for another year. it s a 2 percentage point cut in payroll taxes for workers this year and they want to extend it for another year. very expensive 120 billion dollars or so and it does add to the deficit. if it was going to work in 2011 wouldn t we see, more job creation now? the more exciting opportunity that you hope would rise to the form of these discussions is repatriate tryings, allowing a tax cuts and the businesses can bring home all the cash
dan said a few ideas here or there and you re having discussions with debt talks, for instance, whether or not you couldn t have some sort of comprehensive tax reform. something the community has been urging. i would just add to go with james point. one of the problems here is uncertainties and the debt talks are a perfect example of this. one of the reasons it was so important to pass extension of the bush tax cuts, so that businesses could plan and yet, four or five months on from that debate. we are already president obama put those, the potential of a huge new tax hike on companies, back out on the table and adding that uncertainty back again and that s playing into their lack of hiring as well. the extension of the payroll tax cuts seems to be the white house s for another year. it s a 2 percentage point cut in payroll taxes for workers this year and they want to extend it for another year. very expensive 120 billion dollars or so and it does add to the deficit. if it was goin