"It's difficult to build the economy upsidedown - we have to start at the base, making minimum wage tax free
for all workers builds the economy from the bottom up."- Arthur Rich
"If North Carolina can be the First state to put a plane into flight, we can be the First to Make Minimum Wage Tax Free."
- Arthur Rich
Arthur Rich's Bold New Proposal
The Declaration of Independence guarantees "life, liberty and the pursuit of happiness". As you can see, happiness itself is not guaranteed. Our primary problem in modern America is that there's not very much happiness to pursue. In North Carolina's 1st District, as well as state and nationwide, my job development program will result in increased jobs from manual labor through the high tech industry. My proposal is to make minimum wage earnings tax-free up to whatever the minimum wage rate becomes.
A New Way to Look at Taxes
There are many proposals to raise the minimum wage nationally anywhere from $10.10 to $15.00 an hour. While the intention behind this idea is good, the results of the increase may serve to not only hurt business, it might also harm minimum-wage workers. We need to help the poor. Making Minimum Wage Tax Free helps lower wage earners as well as every worker in America.
My tax policy proposal shifts the burden of providing a living wage from businesses to the American tax code, increasing revenue and disposable income while protecting both employers and employees. Under my "tax-free minimum wage" policy, each employee/individual working would be allowed to earn $15,080 annually completely "tax free". A married couple could earn up to $30,160 tax free while keeping their exemptions. This would help absorb some of the inflation we encounter throughout the year. It also gives everyone a boost financially in all brackets of income.