Proving yet again that republicans are just as bad as democrats.
Instead of an increase in minimum wage (where the burden is placed on business) Josh Hawley wants to give anyone making less than $16.50 an hour a tax credit.
He just placed the burden of subsidizing burger flippers, grass cutters, stock boys, etc to include 16 year olds at their first jobs on the backs of REAL tax paying Americans…….like me. I get no credits. I get no handouts. I get no welfare. Never did. But now someone making $34,000 a year will. That’s $68,000 per family.
As a commenter noted: 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.
Think about that.
While Hawley’s numbers took a hit following the Capitol riot of January 6, he is still broadly popular with Republican voters in Missouri and has actually improved his standing with the GOP nationwide. His name recognition has soared 23 points, according to a recent Morning Consult poll.
Hawley is proposing an alternative to the $15-an-hour minimum-wage hike currently in the pandemic relief bill being considered by Congress. His idea centers around a tax credit to workers making $16.50 or less.
Under the proposed bill, those making less than $16.50 per hour will receive a refundable tax credit worth 50 percent of the difference, paid out in quarterly installments. For example, if a worker is making $12 per hour, he or she would be eligible for a $2.25 per hour credit.
The $16.50 cutoff could increase over time, as it would be connected to the Consumer Price Index, a measurement of the average cost of consumer goods and services, such as transportation, food and medical care.
The kicker is that the increase would be paid for by the federal government to the tune of about $200 billion. Hawley would also support a $15-an-hour minimum wage for those who work at corporations that make at least $1 billion a year.
Blue collar workers have shouldered the worst of the pandemic. They deserve to keep more of their hard-earned money. They deserve a pay raise. I am introducing new legislation to give them one https://t.co/85NHsw2KCG
— Josh Hawley (@HawleyMO) February 24, 2021
Only American workers with valid Social Security numbers would be eligible, meaning non-U.S. citizens and illegal aliens would be excluded.