Show Jobs a lasting solution What can be done about the job shortage Create temporary government jobs Cut personal income taxes These difficult questions are tackled by Robert F F. F Dee Chairman and Chief Executive Officer of Corporation Corporation Corp Corp- oration in a leaflet called The Job Shortage A Lasting Solution Mr Dee believes that while government government government govern govern- ment jobs and tax cuts may help ease the situation temporarily a LASTING solution to our nations nation's unemployment problem can only be reached through the creation of jobs in the private sector Today Mr Dee notes business is unable to expand quickly enough to provide pro pro- provide vide jobs for the new workers in our labor force He says the problem isn't simple but one reason for slow business expansion is outmoded government laws that discourage companies compan compan- ies from accumulating necessary investment investment investment invest invest- ment capital For example Tax credits to companies investing in new facilities are too low to make expansion attractive And the credit is temporary-it temporary cant can't be counted upon for planning ahead The allowance to companies for depreciation of their plants and equip equip- ment is too low in light of today's inflated replacement costs As a result companies hold on to the same old equipment and buildings instead of ex- ex Dandin Double taxation of dividends means the government taxes the company's profits and also taxes the shareholders' shareholders portion of those profits when they receive receive receive re re- re- re them as dividends The tax eats up funds that could be used for capital investment To correct these situations to make our business system work so that new jobs are created all liall of us are going to have to get involved Mr Dee says How to get involved Mr Dee gives this answer The best way to get the message across to our elected representatives is for all of us to take action through writing letters might seem far removed removed removed re re- re- re moved from doing something direct about the job shortage But I assure you that your letters can be a powerful force for good Members of Congress do pay attention to them And they pay special attention when they know youre you're sincerely sincerely sincerely sin sin- concerned about the welfare of the country To that we can only add write on one |