The views expressed by contributors are their own and not the view of The Hill

Tax Package Is Key to Maintaining Economic Growth

The American economy created 111,000 new jobs in January, proof positive that the economy is continuing to grow and create new, better-paying jobs. I urge the House of Representatives to follow the Senate’s lead and pass a minimum wage bill that will relieve much of the tax and regulatory burden on small businesses, and allow them to remain the driving force behind economic growth.

We must be careful not to disrupt economic growth with a hike in the minimum wage that is not coupled with relief for the small businesses that must pay those higher wages. The Senate has delivered a true victory for minimum wage earners and middle class small business owners alike by overwhelmingly approving a fair and balanced minimum wage package. The House must now follow suit, and recognize that increasing the minimum wage without helping small businesses is not only unwise, it is not an option.

We have rejected the misguided notion that the minimum wage bill be a “clean bill,

Tags Business Economics Employment Employment compensation Human resource management Industrial relations Labor Labour law Macroeconomics Minimum wage Minimum wage in the United States Minimum wage law Politics Social Issues Socialism

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..

 

Main Area Top ↴

Testing Homepage Widget

 

Main Area Middle ↴
Main Area Bottom ↴

Most Popular

Load more

Video

See all Video