3 Policies to Guide a Pro-Growth, Pro-Worker Economy Under Trump
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Lynn Forester de Rothschild argues for three policies to enhance the economic status of low-income workers under President Trump's second term; over half of low-income Americans without a college degree voted for Trump; the proposal includes increasing employee ownership through tax-advantaged models, raising the federal tax threshold for low-income earners to below $30,000, and raising the federal minimum wage from $7.25 to $15 per hour; 36.8 million Americans live below the poverty threshold; the current minimum wage has not increased since 2009; raising the minimum wage could reduce government spending on public assistance by $13.4 billion to $31 billion; the Council for Inclusive Capitalism was established five years ago to promote inclusive economic policies.
#Trump #Economy #Workers #Policy #MinimumWage #Tax #Inequality #Capitalism #EmployeeOwnership #PublicAssistance
https://hbr.org/2025/01/3-policies-to-guide-a-pro-growth-pro-worker-economy-under-trump
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2025-01-28 14:01:16
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2025-01-28 14:01:16Event JSON
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"content": "3 Policies to Guide a Pro-Growth, Pro-Worker Economy Under Trump\n==========\n\nLynn Forester de Rothschild argues for three policies to enhance the economic status of low-income workers under President Trump's second term; over half of low-income Americans without a college degree voted for Trump; the proposal includes increasing employee ownership through tax-advantaged models, raising the federal tax threshold for low-income earners to below $30,000, and raising the federal minimum wage from $7.25 to $15 per hour; 36.8 million Americans live below the poverty threshold; the current minimum wage has not increased since 2009; raising the minimum wage could reduce government spending on public assistance by $13.4 billion to $31 billion; the Council for Inclusive Capitalism was established five years ago to promote inclusive economic policies.\n\n#Trump #Economy #Workers #Policy #MinimumWage #Tax #Inequality #Capitalism #EmployeeOwnership #PublicAssistance\n\nhttps://hbr.org/2025/01/3-policies-to-guide-a-pro-growth-pro-worker-economy-under-trump",
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