Saturday, January 30, 2010

How The Government Can Help Job Creation

Reduce the high minimum wage that knocks out the first several rungs from the bottom of the employment ladder

Reduce the high payroll tax that robs employees and employers of resources;

Reform the laws that threaten firms with lawsuits should the employee be fired;

Reform the laws that create a myriad of conditions for hiring beyond the market-based condition that matters: can he or she get the job done?;

Eliminate the unemployment subsidy in the form of phony insurance that pays people not to work


Reduce the high cost of business start-ups in the form of taxes and mandates;

Eliminate the mandated benefits that employers are forced to cough up for every new employee under certain conditions;

Eliminate the withholding tax that prevents employers and employees from making their own deals

Change the age restrictions that treat everyone under the age of 16 as useless


Reduce the social security and income taxes that together devour nearly half of contract income

Eliminate the labor union laws that permit union officials to loot a firm and keep out workers who would love a chance to offer their wares for less.

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