Just a note about this provision. Yes, it helps insure the Oregon based wooden arrow industry is somewhat protected. It will primarily give them about $200K in tax savings each year over about 10 years.
It will help protect jobs in several factories from being leeched off to -- you guessed it -- china.
While this one is too narrow to be of national significance, this is exactly the type of corporate tax break that *does* make sense to include. It benefits actual manufacturing employees, over time, rather than pumping money into the market (when Warren Buffet has already shown there's plenty of money around to pump in there if necessary).
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branchandroot
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Date: 2008-10-03 12:48 am (UTC)It will help protect jobs in several factories from being leeched off to -- you guessed it -- china.
While this one is too narrow to be of national significance, this is exactly the type of corporate tax break that *does* make sense to include. It benefits actual manufacturing employees, over time, rather than pumping money into the market (when Warren Buffet has already shown there's plenty of money around to pump in there if necessary).
CDH