Economic Agenda: Minimum Wage
Small Business Majority has created an economic blueprint for lawmakers and government leaders that will strengthen our economy, create jobs and solidify its base, small businesses. The recommendations range from action on access to capital, taxes, healthcare, infrastructure, freelance economy, minimum wage, workforce training, immigration, clean energy and exports, and are all tied to creating economic opportunities for small businesses and entrepreneurs.
Creating a fair minimum wage is essential to the vibrancy of the small business economy by ensuring the demand for small business products and services, reducing the burden on public assistance programs and leveling the playing field for small businesses that understand the need for properly-compensated workers. Policy changes include:
- Increasing the national minimum wage to $12 per hour.
- Increasing state and local minimum wages to sustainable levels consistent with the cost of living in those communities