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Poll: Small Business Supports Higher Minimum Wage

April 25, 2013 Common Cents

Small Business Supports Higher Minimum Wage graphic 1A new poll finds substantial support among small business owners for raising the federal minimum wage.  Conducted on behalf of Small Business Majority, the poll finds that 67 percent of the small business owners surveyed would back an effort to increase the federal minimum above $7.25 per hour and to adjust it annually for inflation.

Two-thirds of small business owners agreed that increasing the minimum wage would help the economy as low-income consumers would have more money to spend on small businesses’ goods and services and would rely less on taxpayer-financed government assistance.

While the poll focuses on the federal minimum wage, it remains relevant for similar debates here in New Hampshire.  Opponents of bolstering the Granite State’s minimum wage often claim it would have an adverse affect on smaller employers and negative consequences for the state’s economy as a whole.Small Business Sees Higher Demand graphic 2

Yet, as the graphic to the right illustrates, the poll finds that the large majority of small business owners understand that a higher minimum wage can improve their bottom lines.

For more on restoring New Hampshire’s minimum wage, visit the American Friends Service Committee’s web site  or check out the information available from the National Employment Law Project.

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Governor Offers Compromise Budget Plan

23 Jul 2015

tree with coins

On Thursday, July 23, Governor Maggie Hassan put forward a new proposal in an attempt to reach a compromise over New Hampshire’s FY 2016-2017 budget. The proposal appears to use the spending levels included in the version of the budget she had vetoed on June 25 as a starting point, but calls for additional funding for several key priorities, such as substance abuse treatment programs, travel and tourism promotion, higher education, and the previously agreed upon contract for state employees. At the same time, the proposal would make numerous changes in tax policy, some of which would reduce the amount of revenue collected during the FY16-17 biennium, others of which would increase it.