Commissar SFLUFAN Posted July 8, 2019 Share Posted July 8, 2019 CBO report shows broad benefits from higher minimum wage Quote In particular, CBO finds that $15 in 2025 could raise the wages of 27.3 million low-wage workers, would increase the income of families who earn below three times the poverty rate by $21.9 billion, and would reduce the number of people living in poverty by 1.3 million, nearly half of them age 0-18. CBO finds that the overwhelming share of low-wage workers would benefit from a $15 minimum wage and that as a group, low-wage workers would be unambiguously better off. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted July 8, 2019 Share Posted July 8, 2019 I think it's time to keep the minimum wage the same and cut more taxes for the top 10%. And top marginal tax rates? Fuck that idea. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted July 8, 2019 Share Posted July 8, 2019 So 27 million would have higher wages, 1.3 million would be pulled above the poverty line, all at the loss of 1.3 million jobs. That's... An easy trade. Do it Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted July 8, 2019 Share Posted July 8, 2019 Eliminate the minimum wage and enact UBI. 2 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted July 8, 2019 Share Posted July 8, 2019 Even in rapture, you need people to clean the shitters Quote Link to comment Share on other sites More sharing options...
CayceG Posted July 9, 2019 Share Posted July 9, 2019 Here's the biggest thing I see wrong: "The responsiveness of employment to wage increases." Make them. Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted July 9, 2019 Share Posted July 9, 2019 1 hour ago, mclumber1 said: Eliminate the minimum wage and enact UBI. Yang 2020 beotch. Quote Link to comment Share on other sites More sharing options...
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