For as long as I can remember in the political arena, tax incentives have been a buzz word to try and convince people that something is being done that will help whatever the situation is at the time….

The more things change, the more they stay the same…..someone somewhere made that line famous…..Obama’s new job proposals is the same line that has been talked about for generations….that is about all it generated ….talk!

President Barack Obama on Tuesday proposed a tax incentive for small businesses that add workers, even as Congress struggles to figure out how such an idea would work.

Obama’s other tax proposals were more familiar to lawmakers. He proposed extensions and enhancements of several tax breaks that were part of the economic stimulus package passed in February, including enhanced tax write-offs for companies that buy new equipment.

Obama also proposed eliminating capital gains taxes on small business stock, if it is purchased in 2010 and held for at least five years, expanding a tax break enacted in the stimulus package.

The Repub response to the proposal was a predictable as winter…….they hated everything the Prez said about jobs creation….and I mean EVERYTHING!  But their ideas sound familiar also……

–Give small businesses a tax deduction equal to 20% of their income.

–Let small businesses band together in associations to buy health insurance more cheaply.

–Curb civil lawsuits.

–Lower individual income tax rates.

–Expand health savings accounts, which are being squeezed in some of the current health-care reform proposals.

–Increase businesses’ ability to recover current losses by refiling prior tax returns.

Basically they are saying…….Cut regulations. Freeze spending. Cut taxes. No new taxes…..oh God forbid let us not leave out the old reliable…tort reform….there you have the Repubs answer to the current problem of NO jobs….Sorry, Batman….but that whole line of ideas is tired and antiquated……as a matter of fact it sounds very familiar to their health reform ideas….basically, the answers are the same regardless of the issue….one size fits all…..

But is this the big answer to a huge problem?