The biggest corporations in America can afford to pay their workers $15 an hour. Raise the minimum wage for big business, not small business
— Josh Hawley (@HawleyMO) February 23, 2021
Pathetic panderer.
It’s called the earned income credit.
The correct minimum wage is $0.00 per hour.
When the minimum wage was raised to $15 an hour in one or two states, I recall articles reporting that employees were asking that their hours be reduced because they were now making too much money to qualify for welfare benefits.
I’m tired of big business being allowed to use welfare and tax law to subsidize employees being paid under market wages. If the market requires $15 an hour that should be the bottom line. And if corporations pay less they wont find needed employees. Let the free market prevail without the government being involved. Of course that means no illegal or imported employees such as we get that distort market wages.
But I’m also a believer that we need to support those in the GOP rather than fragmenting it. It takes time.
Another article pointed out that this would encourage employers paying $15 an hour to cut employee pay and then let the government pick up the difference. Essentially it’s a handout to business, putting a chunk of their payroll onto the feds.
How about just lowering the tax rates to 12% up to the Social Security (FICA) Cap, then 25% to 1,000,000 bux, then 33%? Trump proposed something similar a number of years ago.
Although it is exactly what’s needed, tax credits and tax cuts - instead of minimum wage and the idiotic, misnamed “stimulus” - will be fully resisted by the Left who will never in a million years opt for economically sound tax credits and tax cuts.
States HAVE the power to raise their minimum wages. There is nothing stopping NY or CA or IL from committing economic suicide and raising their minimum-wages to $15, or $100 bucks an hour.
Once again, Republicans are accepting the Left's premise and then offering a compromise which will advance the leftist agenda more, while Republicans will beat their chests and brag to conservatives how they "fought" to lower the $15 to something like $12 or $13 an hour.
Seal the borders tight...expel the 30 million wetbacks currently living here...and wages would naturally rise to $15/hr...or more.
Really Josh? Gotta keep an eye on this guy.
Wow. Nothing like passing a strong incentive for employers to hire non-citizens.
Don’t we already have this? Isn’t it called the “Earned Income Tax Credit”?
Wait until the woken who filed their taxes already find out that their refunds are being delayed until mid-March if certain refundable credit are involved.
I’m disappointed. Thought he had more substance. Looks like DeSantis is is the only viable option for 2024.
Of course if Trump brings Flynn on as VP when he retakes office this year Flynn might turn out to be a contender.