Leave it to the market

Leave it to the market

Cry Wolf Quotes

Certain specific provisions of these bills are bound to result in extensive governmental intervention in employer-employee relations….These terms ‘comparable character’ and ‘comparable skills’ do not necessarily mean the same job. In fact, they are so general and so vague as to give an administrator a grant of power which could destroy the sound wage structure which many industrial companies have worked for years to perfect.

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Statement of the National Association of Manufacturers at the Senate Committee on Labor and Public Welfare (Subcommittee on Labor). Aug 1, 1962.
08/01/1962 | Full Details | Law(s): Equal Pay Act

Small firms who have hired persons with disabilities have found in most cases that the extra effort makes good economic sense. I have no doubt that, faced with the demands of the marketplace, many other small firms will soon learn the same lesson.

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Sally Douglas, Assistant Director of Governmental Relations for Research Policy for the National Federation of Independent Business. The Congressional Digest. December, 1989.

Income and inheritance taxes which are in effect confiscatory destroy themselves by transferring capital in private hands, essential to private enterprise, to unproductive public funds.

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Chicago Daily Tribune.
01/17/1932 | Full Details | Law(s): Tax: Estate

Experience with a wartime excess profits tax indicates that it tends to encourage needless and wasteful expenditures. With government bearing 80 to 90 per cent of the cost of business operations, there is little incentive for a corporation to increase the efficiency of its organization.

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Walker Winter, of the U.S. Chamber of Commerce, Statement at the House Committee on Ways and Means.
02/05/1974 | Full Details | Law(s): Windfall Profits Tax