Create payroll tax exemption if hiring or wages increase

Economy
1

We need a policy that will exempt a business from payroll taxes for one year if any of these items are met:

  • Workforce has increased by 10% over the last two quarters and has not shrunk in the past 4
  • Wages/benefits have gone up 10% for at least 75% of the workforce and there have been no general pay cuts in the last 4 quarters
  • Community/disaster relief has been provided by the organization that equal at least the payroll tax owed.

This will create a constant positive pressure for organizations to provide for their workers or community. And it is easier for small businesses to hit these metrics while not unfairly excluding large corporations.y

2

Abolish all payroll taxes. This measure never got the 2/3 vote it needed to pass and the federal government can make up the difference with tariffs on foreigne goods

3

While I agree it would be even better to get rid of it, it will be far more likely to pass the house and senate if it can’t be claimed to be a tax break for “Wealthy Corporations”

That can be phase 2 after 3 years of organizations going on hiring / raising sprees!