Lowering taxes raise the minimum wage for thousands
Erick Erickson:
...The corporate rate was lowered to 21 percent, but still, the point is valid. Liberals never seem to comprehend the negative effects of confiscatory tax rates.
... the corporate tax rate is being lowered from 35% to 20%. In response, major corporations are doing what the left said they would never do -- giving pay increases and bonuses to employees. By implementing sound, fair tax policies the GOP is doing what the Democrats have long promised and never delivered. They are raising the minimum wage for workers. Thankfully, they are doing it by providing economic incentives to companies instead of punishing companies. They are letting companies do it voluntarily if those companies can afford it.
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