Are Tax Credits to Business for Hiring Worthwhile?

Experience shows that giving business tax credits for hiring does not generally work. Businesses eventually hire anyway in most instances.

What is important and damaging to business, is recurring taxes, not the need for credits. Research has shown this time and again. But left-leaning politicians hand out tax credits under pressure, as they cannot abide permanent tax relief.

So they continually talk about temporary tax credits, to impress potential voters. Moreover, if the public is unfamiliar with business, politicians get away with the ruse. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)