Monday, May 24, 2010

John Rutledge: Congress's Carried Interest Tax Folly - WSJ.com

CAPITAL PER JOB (FORD): John Rutledge: Congress's Carried Interest Tax Folly - WSJ.com

An interesting footnote to this is that Ford announced it was going to invest "$135 million" for 220 new jobs in Michigan.

To give this a rough number, it's something like $600,000 in capital for (what one assumes is) a permanent job.

Thus, if the US wants jobs, it had better find ways to let this capital be accumulated! Or, at least one would think so.

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