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Schakowsky, Veasey and Boyle Introduced Patriot Employer Act

January 29, 2019

U.S. Representatives Jan Schakowsky (IL-09), Marc Veasey (TX-33)and Brendan Boyle (PA-08) introduced thePatriot Employer Act,which would provide a tax credit to companies that provide fair wages and good benefits to workers. The Members released the following statement:

“As corporate America has squeezed more and more productivity from hard working Americans and more profit for themselves, fewer Americans are able to realize the American dream.” Congresswoman Jan Schakowsky said. “Take home pay is lagging and far too few companies provide their employees with health insurance, contribute to their retirement security, or provide them with paid family leave. The Republicans’ tax scam exacerbated this problem, as we have seen record levels of stock buybacks and dividend payments. I am proud to stand with Sens. Durbin and Brown as we introduce this important legislation. This bill would turn back the tide against the greed of the worst actors in our economy, and reward those who treat their employees with the dignity and respect each worker deserves.”

“Choosing businesses over blue-collar workers is a false choice the Republican Party has forced on voters for too long,” Congressman Marc Veasey said. “The Patriot Employer Act will create a tax credit to help businesses who prioritize their workers’ healthcare, retirement and benefits. The Blue Collar Caucus has a real opportunity now that Democrats have won back the majority to demonstrate that we can strengthen American workers and American businesses together.”

“Working families know this economy is stacked against them. While corporations enjoy record profits, American workers face stagnant wages, benefit reductions, and unfair foreign competition,” Congressman Brendan Boyle said. “The GOP Tax Scam only made this reality worse. Let’s correct this by shaping our tax code to reward hard work and support employers who do right by their employees here in the United States. The Patriot Employer Act does exactly that through a carrot and stick approach: It rewards businesses that invest in quality jobs here at home and closes loopholes – instead of giving tax breaks to corporations that offshore, like the GOP Tax Scam. It’s past time our tax code stood for the American worker, and rewarded our Patriot Employers.”

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