Democratic congressman under GOP fire proposes small-business tax credits to help with $15 minimum wage

Democrat Ro Khanna is proposing tax credits for companies threatened by his party’s legislation for a $15 federal minimum wage, a response to Republican accusations that he doesn’t support small business.

“I’d love a Republican co-sponsor for small-business tax credits. That would actually move the needle,” Khanna told the Washington Examiner. “Let’s do something constructive for local, mom-and-pop small businesses.”

Khanna came under fire from House Minority Leader Kevin McCarthy Monday for an interview with CNN in which he said that small businesses should pay their workers a fair wage and that “I don’t want small businesses that are underpaying their employees.” Khanna also said in the interview that
Read more…

Please follow and like us: