Analysis: ‘Paycheck Fairness Act’ will put small businesses out of business

Here's the opening volley:

President Obama has called for immediate passage of the Paycheck Fairness Act, and on Sept. 28, the U.S. Congress Joint Economic Committee held a hearing at which proponents continued the push for its passage. Despite its appealing title, the Paycheck Fairness Act is anything but fair. Gender pay discrimination has been outlawed for almost 50 years with the Equal Pay Act of 1963 and Title VII of the Civil Rights Act of 1964. If passed, the legislation would eliminate common-sense defenses now available to employers in pay discrimination claims while bankrolling the well-funded trial bar. Although ostensibly aimed at narrowing the gender pay gap, the act ignores market realities and threatens to put well-intentioned employers out of business and eliminate countless jobs. Worse yet, there is simply no credible evidence that systemic workplace discrimination is taking place or that employers are to blame.

Read the whole article on why the Paycheck Fairness Act is not fair.

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