Mike Mirsky

Dem Bill Gives Tax Cuts to Reporters at "Local Newspapers" With Up to 750 Employees

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Posted by John Kartch, Mike Mirsky on Wednesday, September 15th, 2021, 3:49 PM PERMALINK


Congressional Democrats have proposed a tax credit for "local news journalists" at newspapers with up to 750 employees. Yes, a special tax cut for reporters.

The Democrats' multi-trillion-dollar tax and spend plan contains an employment tax credit of up to $12,500 per person for reporters at “eligible” newspapers. As a section-by-section analysis from the Ways and Means Committee details

“The credit amount is equal to 50% of wages for each of the first 4 calendar quarters, and 30% of wages for each calendar quarter thereafter. Eligible local newspaper publisher is any employer that is in the trade or business of publishing a local newspaper that serves the needs of a regional or local community and who employs no more than 750 employees.”  

This special reporter tax carve-out would amount to $1.3 billion. Beneficiaries would likely include many established daily newspapers and left-leaning alternative weeklies, and such papers as The Malibu Times, Aspen Times and the Vineyard Gazette serving the progressive playground of Martha’s Vineyard.

The bill also provides a $1,500 tax credit for the purchase of an "e-bike" costing up to $8,000. So if you are a "local" journalist in the market for an e-bike, your ship has come in.

Photo Credit: "Journalist with pipe" by C.A.D.Schjelderup licensed under CC BY-SA 4.0

More from Americans for Tax Reform


Grover Norquist Joins Mornings with Maria to Discuss The “Ensuring Economic Recovery Act"

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Posted by Mike Mirsky on Wednesday, June 23rd, 2021, 9:58 AM PERMALINK

Today Americans for Tax Reform president Grover Norquist joined Fox Business Network's Mornings with Maria hosted by Maria Bartiromo. Norquist discussed the “Ensuring Economic Recovery Act" sponsored by Rep. Beth Van Duyne (R-Texas). This bill would direct the SBA to study the effects of a $15 federal minimum wage on the recovery efforts of small businesses attempting to emerge from the COVID-19 pandemic. 

Asked about the impact of a potential increase in the minimum wage, Norquist responded:

“Congresswoman Beth Van Duyne from Texas has put forward legislation to require a study on just this question. The CBO has done a study in the past, and in the past they said it would kill —taking the minimum wage up to $15 an hour which is what the left wants to do—would kill 1.3 million to 3.7 million jobs.”

Norquist also added that:

“We’ve seen this in Seattle where people lost jobs, we saw in New York, where they went to a higher minimum wage, 75% of restaurants reduced hours and 50% laid people off. We know it kills jobs. Beth Van Duyne’s study will find out how many”

On Tuesday Norquist sent a letter to congress in support of the bill, which can be read here or below:

Dear Member of Congress,

On behalf of Americans for Tax Reform, I write in support of H.R.1718, the “Ensuring Economic Recovery Act” sponsored by Rep. Beth Van Duyne (R-Texas). This bill requires the Small Business Administration (SBA) to investigate and report on the effects of a $15 federal minimum wage on small business pandemic recovery efforts.

All members of Congress should co-sponsor H.R. 1718.

Over the past year, the COVID-19 pandemic has crushed hundreds of thousands of small businesses. The government exacerbated this economic damage with lockdowns and unemployment payment expansions that led to many Americans making more at home than in the workplace.

The next few years will be crucial for the long-term survival of American small businesses, who are now contending with a labor shortage and the threat of inflation thanks to President Biden’s reckless spending.

In the face of all this economic uncertainty, a $15 minimum wage is the last thing small businesses need as we come out of the pandemic. This would substantially raise the cost of labor, especially during a shortage, as small businesses are already struggling to pay their employees and keep the lights on.

A $15 minimum wage would kill millions of jobs. In 2019, the nonpartisan Congressional Budget Office estimated that a nationwide $15 minimum wage would cost at least 1.3 million American jobs, and could cost as many as 3.7 million at the high end. Another study shows that a $15 minimum wage would disproportionately impact women and shut out young, low-skilled workers attempting to enter the workforce for the first time.

A $15 minimum wage has repeatedly failed at the state level. When Seattle implemented a $15 minimum wage, thousands of jobs were lost, while other workers saw a reduction in hours worked. New York City’s minimum wage increase forced 75 percent of restaurants to cut employee hours, and nearly 50 percent to eliminate jobs entirely.

As some lawmakers continue their efforts to double the federal minimum wage to $15, it is crucial that Congress knows how such proposals would impact small businesses. H.R. 1718 does this by requiring the SBA to study the recovery of small businesses from the COVID-19 pandemic, including the effects of a nationwide $15 minimum wage. The bill also includes a trigger for a second study in the event legislation is passed that imposes a $15 federal minimum wage.

If implemented, H.R. 1718 ensure that all lawmakers have access to the data they need to prevent further damage to American small businesses and job loss for American workers.

All members of Congress should cosponsor the Ensuring Economic Recovery Act.

Onward,

Grover Norquist
President, Americans for Tax Reform

The full interview with Grover can be found here


Pipeliner: “This is our livelihood. We don’t consider it a temporary job. We consider it as our career.”

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Posted by Mike Mirsky on Friday, March 5th, 2021, 7:15 AM PERMALINK

Anthony Fetters is another American hit by President Biden's foolish shutdown of the KeystoneXL pipeline. He appeared on Fox News Channel and explained the impact of Biden's decision:

“This is our livelihood. We don’t consider it a temporary job, we consider it as our career. The pump stations that we were constructing for TC Energy this year alone employed several hundred people with several hundred more to come. And once the pipeline got started, the main line would have employed several thousand more. So the impact to us pipeliners was huge.”

Click here or below to watch the video:


Pipeline Welder: "Biden's decisions to shut down the KeystoneXL pipeline and many others affects me and my family of five very much so."

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Posted by Mike Mirsky on Tuesday, March 2nd, 2021, 11:35 AM PERMALINK

Americans for Tax Reform is collecting personal testimonials of Americans hit by President Biden's policies. (If you would like to submit a short video, please send it to Mike Mirsky at mmirsky@atr.org).

Please watch this video from Nate Manor, a member of Pipeliners Local Union 798:

"Hi my name is Nate Manor. I am a proud 798 pipeline welder. President Biden's decisions to shut down the KeystoneXL pipeline and many others affects me and my family of five very much so. Having 16 years of pipeline experience -- and that being all I've really done or known most of my life and made a really good living and had great health insurance and everything else for my kids and family -- the starting over thing is going to be really hard, almost next to impossible for me."


Pipeline Worker: "I've got my whole life invested in this."

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Posted by Mike Mirsky on Thursday, February 25th, 2021, 9:20 AM PERMALINK

Americans for Tax Reform is collecting personal testimonials of Americans hit by President Biden's executive actions. (If you would like to submit a short video, please send it to Mike Mirsky at mmirsky@atr.org).

Please watch this video from Jason, a member of Pipeliners Local Union 798:

“My name is Jason Jernigan, I’m 45 years old and I’m a member of Local 798, Pipeliners Union. I’ve been a pipeliner for 21 years. This is all I know how to do. The recent administration has taken my livelihood from me and expected me to get a job somewhere else. I’ve got my whole life invested in this.”

See also:

"I am currently unemployed due to Joe Biden's executive order to halt construction on the KeystoneXL pipeline."

 


“I am currently unemployed due to Joe Biden’s executive order to halt construction of the KeystoneXL pipeline."”

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Posted by Mike Mirsky on Monday, February 22nd, 2021, 8:51 PM PERMALINK

Americans for Tax Reform is collecting personal testimonials of Americans hit by President Biden's executive actions. (If you would like to submit a 15-second video, please send to Mike Mirsky at mmirsky@atr.org).

Here's the first example:

"My name is Daniel Kuhns. I've been a pipeline welding inspector since 2012. I am currently unemployed due to Joe Biden's executive order to halt construction on the KeystoneXL pipeline. I am having a very hard time to find a job that will cover all my expenses."

Watch:


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