Thursday, February 20, 2014
The proposal to repeal the credit, which encourages businesses to hire students earning minimum wage, is part of a push by the Dems to accelerate the phase-in of the $9-an-hour minimum wage.
ALBANY — Assembly Democrats Thursday called for the repeal of a tax break for companies that hire teen workers. Assembly Speaker Sheldon Silver said the controversial tax credit encourages businesses to hire students earning the minimum wage in place of higher-paid older and nonstudent workers.
The call to repeal the credit is part of the overall push by the Assembly Dems to accelerate the phase-in of the $9-an-hour minimum wage….