For the first time, Democrats and Republicans believe there are enough benefits to paid leave that government should play a role. Just how much time should be covered will be the subject of political debate in the weeks and months ahead. Forget politics for a moment, and how a paid leave system would ultimately be financed. How much time is best for babies, for mothers, for fathers? That is exactly the question journalist and author Brigid Schulte and her colleagues at the New America Foundation tried to answer in their recently released report.
As Senate Republicans look for a way to save their struggling health care bill, some of them are floating a once-unthinkable possibility: keeping some of the taxes imposed by the Affordable Care Act. It may not happen, but that it’s even on the table helps illustrate why broader tax reform is going to be so tricky for the GOP.
– Harvard Business Review
The Trump administration’s proposed tax reform plan to spur economic growth would lower the corporate tax rate from 35% to 15% and offer U.S. companies a one-time “tax holiday” rate of as low as 10% to bring home their stockpile of cash earned overseas.So what should companies do with repatriated overseas cash if the tax holiday comes to pass? The Harvard Business Review believes they should follow a golden rule: Buy back shares only when they are meaningfully undervalued and no better opportunities to invest in the business exist.
– The Arizona Republic
Arizona’s new sick-leave law prohibits employers from retaliating against workers seeking to exercise their sick-pay rights. Businesses and non-profits could face a tough legal challenge proving that whatever adverse action taken against a worker wasn’t a consequence of the person taking, or requesting, paid sick time off. The Arizona Republic discusses the state’s new complication in employer-worker relations.