Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« 6TH POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Washington DC Area News? 

By: Decomposed in 6TH POPE | Recommend this post (3)
Thu, 09 Mar 23 2:11 AM | 67 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 40834 of 58582
(This msg. is a reply to 40827 by ctj1950)
Jump:
Jump to board:
Jump to msg. #

CTJ:

Re: “Maryland state bill for 32 hour work work. State would give any business of 30+ employees a $10,000 tax credit for instituting a 4 day workweek for their employees. ”Very interesting. Especially the one I excerpted above.

Does the bill mean a 4-day workweek... which could be 4 tens? Or does it necessarily mean 4-eights?

Some implications of 4-eights include: Some of the employees would no longer be able to pay their bills and would be driven to bankruptcy. Some would quit their jobs rather than work only 32 hours. Some would seek (and vote for) government assistance programs... which would then grow. Some would move out of the state in search of full time work. Some employers would hire just to reach the 30-employee threshold, then would reduce hours. This would lower unemployment but increase poverty. Many businesses would reduce their hours or be open just four days per week. State taxes would rise to fund the tax credit to business owners and assistance to employees. Employee benefits would be cut. Employees would be pushed into Obamacare. Labor unions would have a surge in membership as employees try to fight back.

What else?

I just noticed that it's a $10k tax credit per business, not per employee. That's not going to convince many larger businesses to change anything. I wonder what happens to the 30+ employee businesses that ALREADY give their staff just 32 hours per week. Most likely, they'll get a $10k tax credit for doing nothing.

This bill is so stupid it was obviously written by someone on the Left.







Avatar

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


 - - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Washington DC Area News
By: ctj1950 in 6TH POPE
Wed, 08 Mar 23 11:43 PM 		Msg. 40827 of 58582

Listened to Washington DC news on WMAL Radio. Here are a few of their reports for the day. Gives you an idea of how screwed up our country is.

Montgomery county proposes bill that would mandate a cap on Rent increases.

DC gov to reduce sentencing for people convicted of crimes.

People arrested in DC for homicide have an average of 11 prior arrest.

Maryland state bill for 32 hour work work. State would give any business of 30+ employees a $10,000 tax credit for instituting a 4 day workweek for their employees. 

« 6TH POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next