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Democrats Have Backup Plan to Boost Minimum Wage

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Wall Street Journal: “Backed by Senate Majority Leader Chuck Schumer (D-NY), two committee chairmen are working on a new, more limited proposal that would use the tax system to prod employers to raise wages.”

“The plan would impose tax penalties on large companies that aren’t paying the higher wage Democrats seek and create tax incentives for small companies to do so. Democrats hope the chamber’s parliamentarian would allow them to include the modified plan in the coronavirus relief package.”

Harry Enten: Why Democrats should still fight for a $15 minimum wage.

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goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

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Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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