Reply #2: Not true

[TxRider]

Capital is risked all the time.

For example one of the things that helped spur the internet boom was a tax law that said you could skip all capital gains tax as long as the proceeds of capitals gains sale was rolled over into a start up high tech company within 30 days. It allowed billions to flow into internet startups, and there certainly wasn't a viable product in the vast majority of those companies.

A similar law would promote a huge influx of capital and jobs into alternative energy companies and start ups if it were passed.

Raise capital gains taxes on capital gains over a million, and pass an exemption for gains rolled into alternative energy start ups and OPEC would likely be trembling at the knees in a 3-4 years...

We can put capitalism to work for us, if it's directed properly.

As for the effect of tax credits for jobs and companies, go look at what that has done for high tech in Canada, they have been doing this for years now, and at least in my industry, stealing companies and jobs and even capital from the U.S. for a decade.