You get less of what you tax and more of what you subsidize.
If you raise taxes on business, you get less business. Which means fewer jobs.
And progressives wonder why there are no jobs?
Retailers discuss changes in Washington rules during roundtable gathering at Pullman
Moscow and Pullman Building Supply owner Tyler Garrett said during the roundtable that burdensome state regulations make it seem at times like Washington does not want retailers to stay in business.
He discussed how those regulations affected his business, including that Moscow and Pullman Building Supply is anticipating having to spend $180,000 more in payroll costs if the state’s proposed overtime eligibility rules are implemented.
Washington Department of Labor and Industries is proposing a rule that would increase the salary threshold under which employers must pay overtime for their workers. That salary threshold would increase to $79,800 over a six-year period, more than tripling the current threshold of $24,000.
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That’s when Washington’s minimum wage will increase to $13.50 an hour. Tom Handy, owner of Paradise Creek Brewery, said he is anticipating a 14 percent increase in his payroll.
“We don’t have any choice but to raise prices,” he said.
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Seattle’s new rules require employers to post work schedules for their employees 14 days in advance. Additionally, if the gap between a closing and opening shift is less than 10 hours, an employee is entitled to be paid time and a half.
Johnson said this rule, if implemented across the state, is going to take away an employee’s schedule flexibility.