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Clinton said she would later introduce in more detail her plans to boost the economy and reform the tax code – including a proposal to reform capital gains taxes – to increase the minimum wage, boost infrastructure investment and establish universal preschool.
In particular, he criticised the government for failing to include measures to reduce energy bills, raise the minimum wage, boost housebuilding, tackle concerns about immigration, devolve power to the regions or introduce more secure rental contracts.
Obama promises minimum wage boost.
Tax cuts for small businesses will be a stickier issue there, since Senate Republicans are pushing harder for such breaks that might be tied to a minimum wage boost.
Reversing the federal minimum wage boost (or repealing it altogether) will create new job opportunities for teenagers in these regions; similar job growth in the Northeast, Midwest and West Coast would require repealing higher state-level minimum wages.
(See Sullivan supports state minimum wage boost he once opposed).
Similar(49)
Over all, the argument that a higher wage will kill jobs has been debunked by a range of studies showing that a higher minimum wage boosts pay without measurably reducing employment, while improving productivity.
In San Francisco and Oakland, voters overwhelmingly endorsed citywide minimum wage boosts to $15 and $12.25, respectively.
A $10 hour minimum wage boosts earnings by $4,000 a year and will put $2.6 billion dollars back into the hands of workers," Pérez said in a statement.
Now some Democrats, backed by economic research, are making the case that raising the minimum wage boosts jobs and economic growth by adding consumer purchasing power to the economy.
The UK Low Pay Commission has now commissioned over 130 pieces of research from accomplished academic economists, which finds minimum wages boost workers' pay, but don't harm employment.
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