A Quick Policy Idea
Thursday, January 04, 2007
If Bush is so eager for tax cuts from small businesses to offset the cost of a hike in the minimum wage, how about we see him and raise? Since a tax cut would be permanent, let's have a permanent increase in the minimum wage too - by indexing it to inflation.And just to make sure that the tax cut for small business really is a tax cut for small business, let's make sure the tax change is specifically for small businesses (by capping the effects based on size), and targeted to those that actually have employees (rather than the fake kind in which rich people self-incorporate to lower their tax bill). I don't know enough about tax policy to be able to say exactly what tax should be changed. I just know what I'd be looking for.
The Republicans get a lot of mileage pretending to defend small businesses. Of course they really don't care about small business at all - all they care about are big corporations and wealthy investors. Let's expose them for what they really are while helping working people at the same time.