We urge the governor and General Assembly to quickly resolve their differences on the budget and to continue a steady course of no new taxes or fees. A second consecutive year without new taxes or fees can have a significant impact on creating an economic climate that leads to business expansion.
In the latest move to soak the productive part of the city’s economy, the Seattle City Council voted 9-0 to approve a new “head tax” imposing a $250-per-worker charge on companies making over $20 million a year. Companies such as Amazon and Starbucks lashed out when their bottom line was threatened.
Vermont is one step closer to a $15 minimum wage following a narrow yes vote in the House on Tuesday, and business owners say the development has them worried, despite the likelihood of a veto by the governor.
The U.S.’s trade deficit shrank in March to the lowest point since September of 2017, even as President Donald Trump’s trade negotiations are heating up.
On a party-line vote, a bill that would’ve created a Family and Medical Leave Insurance program in New Hampshire failed to gain the support of the state Senate, putting its future in doubt.
“Very few employers want to hire liberal arts majors,” the research director said, referencing a two percent estimate from another survey. He also mentioned that “no one cares about GPA anymore,” suggesting only around one percent of employers indicated that they valued the metric.
According to ALEC, states that tax less and spend less have a higher growth rate than states that do not. As the Vermont General Assembly begins its wind-down, we encourage legislators to think about the consequences of tax-and-spend policies as they look to ways of growing the state’s economy.
By a 4-1 vote, the Senate Committee on Economic Development on Monday approved a paid family leave bill that would offer employees up to 12 weeks of leave with 70 percent of wages covered. Watch video of the committee hearings held at the Vermont Statehouse.
There are several reasons why developers in Vermont are reluctant to build rental projects. The major reason is that Vermont is not a friendly state when it comes to how landlords are treated.
A bill on toxic chemical regulation that Gov. Phil Scott vetoed earlier this month met its final end in the House chamber on Wednesday as lawmakers voted to sustain the veto with 53 votes in support of the governor.
Vermont Independent Sen. Bernie Sanders has a new plan to give a job, with $15 an hour minimum wage and health care benefits, to anyone “who wants or needs one.” The job guarantee plan is missing some details, like how to pay for it.
S.197 is anti-business, anti-growth, and anti-development and will provide no real relief to those exposed to toxins who already can find relief for harm caused by exposure. Increasing the minimum wage to $15 per hour by 2024 as found in S.40 is another job killer. We are also concerned about an act relating to paid family leave.