If workers would accept a pay-cut, employers could afford to hire more workers, putting spending money in more pockets.
An article by Business Civic Leadership Center showed that 65 percent of university students expect to make a difference in future jobs and 58 percent would agree to a 15 percent pay-cut to do so.
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There has been a pay-cut that has taken effect once before in 2002, it was a five percent cut, and doctors mostly just stuck with the program and did take care of patients, but really since then doctors' pay has been largely frozen or they've got perhaps one percent increases.
This year, a majority of Congress is willing to prevent a pay cut of 21% -- a pay cut that would undoubtedly force some doctors to stop seeing Medicare patients altogether.
The administration has contended that the Republican pay-fors would cut education.
We had a two-year tax cut for Make Work Pay for -- 95 percent of working Americans got a tax cut, middle-class families, small business people.
The Border Patrol agents who are out there in the hot sun, doing what Congress said they're supposed to be doing, finding out suddenly that they're getting a 10-percent pay cut and having to go home and explain that to their families, I don't think they feel like this is an exaggerated impact.
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Prime real-estate locations come back on the market, and tenant-hungry landlords are willing to pay more for tenant improvements and cut lower-cost lease deals.
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She said she had been off sick on full pay for the first six months of her illness, and it was then cut to half-pay for a further three months.
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Public-sector pay is being cut by 5% and taxes are being cranked up.
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AWG reveal the market's view of the remaining quoted companies: forget growth, buy for income if at all, and cross your fingers that the pay-out isn't cut.
But -- and I want everybody to pay attention -- even as we find ways to cut spending, we cannot cut back on job-creating investments like education.
Cut the numbers of troops in the Army and Marines, cut their pay andbenefits - both of which Mr. Gates says are in prospect if the President has his way with the Pentagon budget - and that problem becomes infinitely worse.
Public sector workers are facing a five-year pay freeze under plans to cut the spending deficit.
Because he had forgotten about Taiwan, he had to offer self-criticism and take a pay cut.
He has cut civil-service pay by 5%, raised VAT and ridden out a general strike.
The way they are getting out of the hole and pay for a tax cut is one-shots.
One idea that he is already floating is whether to allow pay to be cut if an officer - chief or constable - is found wanting.
This is certainly more defensible in the current climate, even if it means the new government must scramble for ways to pay for the more expensive income-tax cut.
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They could do what the Democrats allege: Scale back tax preferences in such a way that middle-income households pay higher taxes than they do today while high-income people enjoy a tax cut.
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The BBC says that its next director-general will take a big pay cut.
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If Congress moves to raise tax rates for alternative asset managers, all it will do is cut their take-home pay packages.
Go figure that raising taxes on middle-class families to pay for a tax cut for me and Mr. Romney is not going to fly too well.
Only in September did it propose a budget squeeze, including a 5% cut in public-sector pay, of the kind that Ireland, Greece and Spain pushed through months ago.
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Workers have already experienced a 2% average cut in their take-home pay, due to the expiry of the payroll tax holiday.
Congress and the Obama administration are turning to an unlikely source to pay for the proposed extension of the payroll-tax cut: mortgage-finance giants Fannie Mae and Freddie Mac.
When the Hormel company proposed a pay cut for its laborers in the mid-eighties, Local P-9 of the United Food and Commercial Workers International Union refused to give in.
When Mr. Pope first switched to a Roth 401(k), however, he took a cut in his take-home pay, and that, he says, is one reason people are wary of the Roth option.
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