Monthly Archives: October 2015

Extend Tax Credits to the Poor

October 12, 2015. The following op-ed by Ron Deutsch appeared in the Times-Union. Millions of Americans go to work each day, sometimes balancing multiple low-wage jobs, and yet they still struggle to make ends meet for themselves and their families. The fact is, far too many hardworking Americans slip into poverty each year. I see this firsthand in my role at the Fiscal Policy Institute. We do, however, have two powerful and effective tools that encourage work and help lift working families out of poverty [...]

2020-11-13T15:11:23-05:00October 12th, 2015|Letters, Social Policy|

FPI-NELP Response to NYS Business Council Statement on Gov. Cuomo’s $15 Minimum Wage Proposal

October 8, 2015. The New York State Business Council’s statement on the Governor’s proposal to raise New York’s minimum wage to $15 by 2021 leaves out several “inconvenient” truths: 1.     A phased-in minimum wage increase will boost the purchasing power of roughly 3 million low-wage New York workers, pumping that increased consumer spending into local businesses and jobs all across the state. Above all else, small businesses need customers; a minimum wage increase will provide them. 2.     A higher wage floor benefits businesses because workers [...]

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