Chamber of Commerce Quotes

…the stated goal behind the living wage movement is poverty reduction, and many of the ordinances mandate a wage that would lift a family of four above the poverty level. However, as with minimum wage increases, economic studies have shown that living wage mandates do more harm than good to those living in poverty through resulting job elimination and shifting entry-level jobs from lower-skilled workers to higher-skilled workers.

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U.S. Chamber of Commerce.
02/20/2004 | Full Details | Law(s): Living Wage

The real worry is that these new rules and regulations do not create a risk factor or a timidity that is so severe that... they sit on the sidelines worrying more about rules and regulations than they do about making money.

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Thomas Donohue, President of the Chamber of Commerce
411609/25/2002 | Full Details | Law(s): Sarbanes-Oxley Act

The real worry is that these new rules and regulations do not create a risk factor or a timidity that is so severe that... they sit on the sidelines worrying more about rules and regulations than they do about making money .. If we have to go to a book keeping system as opposed to an accounting system then we're going to strangle the American enterprise system.

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Thomas Donohue, President of the Chamber of Commerce
412409/25/2002 | Full Details | Law(s): Sarbanes-Oxley Act

We're opposed to a lot of bills, but this is one of the worst. When you're the only state in the country with paid family leave and they've tried it in 27 other states and it's failed in each and every one, we see it as a competitive disadvantage in attracting or keeping businesses here.

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Allan Zaremberg, president of the California Chamber of Commerce. The New York Times.

The signing of this proposal places California in the position of being the first state in the nation to implement a program that pays for workers to take non-work related time off. This will cause California to lose some of its competitive edge, as many businesses will look to other states when relocating or starting up to avoid these types of mandates.

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California Chamber of Commerce, United Press International.

I'm an old man, and I've never seen a feeding frenzy like the one we've had on corporate accountability.

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Thomas Donohue, President of the Chamber of Commerce
412509/20/2002 | Full Details | Law(s): Sarbanes-Oxley Act

It's a very anti-business bill. This is not any time to be looking at a bill like this.

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Julianne Broyles, “a veteran lobbyist for the California Chamber of Commerce”, The Los Angeles Times.

The Sarbanes bill will hand American corporations back to the trial lawyers for summary execution.

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Thomas Donohue, President of the Chamber of Commerce
411708/11/2002 | Full Details | Law(s): Sarbanes-Oxley Act

If the CEO of a $50-billion corporation operating in 112 countries is required to sign a document saying he guarantees under penalty of law that all these numbers are correct, there's not a CEO in America that will sign it.

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Thomas Donohue, President of the Chamber of Commerce
411507/28/2002 | Full Details | Law(s): Sarbanes-Oxley Act

You've got new taxes and new costs on employers and employees at a time when the economy is not doing well.

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Julianne Broyles, spokeswoman for California Chamber of Commerce. The Tri-Valley Herald.

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