This iReport is part of an assignment:
Obama's debt cutting plan
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Part2: HEY OBAMA - Raise Minimum Wages to Cover tax Hikes
our tax increases have outpaced the average
income. so, with tax cuts come
tax hikes (these go to repay the cuts)....one solution is that
raising minimum wage income will offset this and get people to stay
with current companies with increased tenure.
That also saves
companies who often pay more to recruit, hire and train new
employees then they do to keep existing good employees. Since these
small and mid sized businesses are now going to get more incentive
and tax breaks, they can use it to keep existing employees first
(stop the alarming unemployment) then use it to hire new ones
(lower unemployment) and helps the lower class from living so much
pay check to paycheck!!!
- TAGS:
- unemployment,
- economy,
- ireport_for_cnn,
- stimulus_plan,
- stimulus,
- politics,
- sound_off
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More from this assignment - Obama's debt cutting plan
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