CITIZEN ALERT v1.157
MINIMUM WAGE
Well, after the House passed the minimum wage bill during their 100 hour marathon, the Senate or I should say a small group of REP Senators has blocked it. It looks like the only way it's going to get through is with a tax break for small businesses attached to it.
Two things, I don't think the DEMS should fight this tax break, and also they should help WRITE the tax break to make sure it ONLY effects small businesses that pay their employees the federal minimum wage. If they do it right, two things could happen; it will pass, and the tax break will not matter - if they write it correctly.
Now, I'm the first to admit tax code confuses the hell out of me, so any of you out there that know this stuff, chime in. But here's the thing, during the mid term election the DEMS time and time again said they were going to lift the tax burden off the middle class. Well, small businesses are owned by the middle class, so what's the problem. As long as we really are talking about small businesses - NOT MCDONALDS OR WAL-MART - then the DEMS are going back on a campaign promise. Secondly, and this is really important, MOST SMALL BUSINESSES ALREADY PAY THEIR EMPLOYEES ABOVE THE FEDERAL MINIMUM WAGE! If the DEMS write the tax break correctly, then 3 out of 4 small businesses won't even be effected by it as I see it.
It is more important to raise the minimum wage than to worry about a tax break for middle class folk who own their own business. Like my company I work for; my boss is middle class, she struggles to make her business run, and she pays starting employees double the federal minimum wage just to start. So, she could care less if the minimum wage went up.
If the DEMS are really all about bipartisanship then they should take the tax break wage increase and run like hell with it. Take credit it for like the REPUBS used to do with all the DEMS ideas.
Two things, I don't think the DEMS should fight this tax break, and also they should help WRITE the tax break to make sure it ONLY effects small businesses that pay their employees the federal minimum wage. If they do it right, two things could happen; it will pass, and the tax break will not matter - if they write it correctly.
Now, I'm the first to admit tax code confuses the hell out of me, so any of you out there that know this stuff, chime in. But here's the thing, during the mid term election the DEMS time and time again said they were going to lift the tax burden off the middle class. Well, small businesses are owned by the middle class, so what's the problem. As long as we really are talking about small businesses - NOT MCDONALDS OR WAL-MART - then the DEMS are going back on a campaign promise. Secondly, and this is really important, MOST SMALL BUSINESSES ALREADY PAY THEIR EMPLOYEES ABOVE THE FEDERAL MINIMUM WAGE! If the DEMS write the tax break correctly, then 3 out of 4 small businesses won't even be effected by it as I see it.
It is more important to raise the minimum wage than to worry about a tax break for middle class folk who own their own business. Like my company I work for; my boss is middle class, she struggles to make her business run, and she pays starting employees double the federal minimum wage just to start. So, she could care less if the minimum wage went up.
If the DEMS are really all about bipartisanship then they should take the tax break wage increase and run like hell with it. Take credit it for like the REPUBS used to do with all the DEMS ideas.
posted by Bobot Adrenaline at 9:03 AM
1 Comments:
:-o
http://www3.youtube.com/watch?v=XS3mhjt7TrY
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