Key Points
  • States should not further restrict the options and rights of businesses and workers to negotiate their own wages by raising the price floor on the cost of labor.
  • When occupational licensing or regulations, state legislatures should be required to show real harm and select the least-restrictive regulation to address that harm rather than impose further complicated red tape on those wanting to start a new business or career.
  • Individuals should be free to decide for themselves whether or not they would like to join or contribute to a labor union without that being a precondition of employment.

Maintaining a healthy economy and fostering economic growth is one of the most important priorities for hardworking Americans. The cost of everyday life is increasing and people need to make sure that their job opportunities and paychecks keep up. Policymakers must create a plan of action that focuses on policies that increase economic opportunity, promote freedom of association and lower barriers to entry for new businesses.

Prioritizing the preferences of individuals by making union membership and contributions voluntary is an important reform that affects all businesses. Policies on organized labor should emphasize transparency and protect an individual’s choice regarding union involvement. No person should be forced to be a member of a union as a condition of employment or devote part of their paycheck towards political causes with which they disagree.

State occupational licensing boards should ensure licensure requirements for employment serve a valid public health and safety need, and that they provide individuals the most opportunity to succeed and contribute to the economy. Occupational licensing increases unemployment by about one percent, raises prices by about 15 percent, and offers no incremental consumer protection over a competitive market. Eliminating or reducing unnecessary occupational licenses gives individuals the freedom to pursue their desired career goals, free from arbitrary barriers to entry that favor incumbent firms in a particular industry.

Finally, policies on wages ensure individuals are free to make their own decisions and ensure that workers are not priced out of the labor force via government fiat. Setting price controls generally damages the economy by restricting decisions both businesses and individuals are able to make, and setting a price floor on wages is no exception. Maximizing the freedom of businesses and employees to negotiate their own wages is an important factor in helping both parties come to an agreement and thrive.

Publications

+ All Business Publications

Model Policies

  • Resolution Urging Congress to Protect Consumer Privacy in Banking and Financial Transactions Final

    Resolution Urging Congress to Protect Consumer Privacy in Banking and Financial Transactions WHEREAS, the Biden Administration and some in Congress have proposed changes to tax information reporting which would require financial institutions to provide the Internal Revenue Service reports of incoming and outgoing transactions from every customer financial …

  • Universal Regulatory Sandbox Act Final

    Purpose: This proposal modifies provisions related to the (INSERT RELEVANT STATE AGENCY) and allows businesses, under the observation of regulators, to trial innovative products, services, and business models while temporarily bypassing laws or regulations that may conflict. Section 1. State’s Open Records Provisions. ● Insert relevant state open …

  • The Home-Based Business Fairness Act Final

    BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF __________: SECTION 1. DEFINITIONS “Goods” means any merchandise, equipment, products, supplies or materials. “Home-based business” means any business for the manufacture, provision or sale of goods or services that is owned and operated by the owner or tenant of …

  • Ordinance Establishing Mobile Food Vendors Final

    ORDINANCE ESTABLISHING MOBILE FOOD VENDORS: WHEREAS, mobile food vending is a popular and diverse part of local economies across the United States; WHEREAS, [XXX Municipality] desires to support economic development, foster opportunities for small businesses and encourage mobile food vending; WHEREAS, [XXX Municipality] seeks to increase consumer access to desired …

  • Prompt Payment Ordinance Final

    AN ordinance concerning business. Be it enacted by the [Insert Governing Body],represented in the [Insert Jurisdiction]: Section 1. The Contractor Prompt Payment Ordinance as follows: A construction contract may provide for the withholding of retainage of up to 10% of any payment made prior to the completion of …

  • Truth in Taxation Act Final

    As used in this section: (1) “Taxing subdivision” means any political subdivision of the state that levies an ad valorem tax on property. (2) “Revenue neutral rate” means the tax rate for the current tax year that would generate the same property tax revenue as levied the previous tax year …

+ All Business Model Policies

Task Forces

Commerce, Insurance and Economic Development

Members of the Commerce, Insurance and Economic Development Task Force believe that economic freedom is the cornerstone of prosperity. The …

Press Releases

+ All Business Press Releases