The Urban Tax-Break Initiative sound good on paper, but are the desired results achievable?

The overall goal of this bill is to employ large quantities of the low income, welfare population. With the current administrations leanings seemingly being towards massive government overhaul pillared by large government funded programs paired with an ever-growing national deficit, the need to cut tax-payer subsidies is as important and evident as ever.

This is how it works:

It will allow mid to large size business of any type to avoid all corporate taxes by opening a new location in a low income urban area and hiring the local population. Sounds simple, it is.

The benefits to this bill would be enormous, granted all went well.                                                                       

First off is the obvious. Employment would surge in the areas hardest hit by the recent recession and that historically have had the highest unemployment rates. This in turn would lead do a dramatic drop in welfare applicants and recipients. Why would this be a good thing you ask? The reason being is basic, the less money the government, or in reality us the taxpayer, spends on its citizens for nothing in return the better. Example, the government spends large sums of money on the military and gets national defense for its citizens in return. With spending on welfare and food stamps etc. the government gets nothing. Its like paying a mortgage and owning a house and paying rent and throwing your money away. This would free up much needed funds for government projects or hiring teachers, fire-fighters and police to protect our local communities without raising our taxes in order to do so. It is a win win win situation. The plus side of this is that it takes no government spending to help poor Americans, all it takes is a business and motivation to better a life.

One point that can be seen as a future positive is health care. Barrack Obama and the Dems want a public option, another huge government program that is going to cost us trillions in the long run that we do not have to begin with in order to cover all Americans health insurance. In the future, when the U.T.B.I. is up and running, the businesses that are profiting from not paying the corporate tax can optionally use a fraction of that money to, along with the employees, pay for their health insurance; full and part-time. This could take the place of covering most of the uninsured without bureaucratic intervention, with a reasonably sized percentage of the uninsured living in low income urban areas. The U.T.B.I. will also allow Americans to maintain private ownership and level out the cost of health care at the same time. It is an amazing prospect.

There are many things that could go wrong with this bill, but so goes it with anything in life. Look at medicare and social security, they are broke, but the idea of what could come of this is exciting. The road will be rocky and not all will go according to plan but with poor urban communities falling deeper in to debt, their school systems drop-out rates ever rising, and gangs ever growing, does anyone really have a choice.