Labor Related Articles
At their peak in 1954, labor organizations represented 34.8 percent of employees. Now, fewer than 11 percent of employees are union members, with private sector membership at near all-time lows of 6.3 percent. As the workforce grows, unions represent an ever-smaller share.
Read the full report by Trey Kovacs, a RWP Labor Senior Campaign Consultant.
The proposed $50,000 and $100,000 penalties on employers will lose revenue to the Treasury rather than increase revenue. This is because employers will become less productive, or move offshore, or hire fewer workers, or have lower profits to be taxed–or some combination of the above. The loss in Federal, State, and Social Security tax revenue outweighs the gain from the penalties.
Read the full paper by Diana Furchtgott-Roth here.