General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat isn't said about raising the minimum wage to $15/hr
All I hear from Reps is that small businesses can't afford a payroll based on $15/hr. What's not being said is that when workers get more money per hour, they have more money to spend on groceries, clothing, transportation, haircuts, car repair entertainment, home repair, hobbies, etc. That means more customers able to spend more money at small businesses.
SamKnause
(13,091 posts)He said he didn't make enough money to support any local businesses in his neighborhood.
It was mentioned in general that more money in working people's pockets get spent,
not invested in the stock market.
Wounded Bear
(58,618 posts)rickyhall
(4,889 posts)jmbar2
(4,869 posts)it's not a viable business. If you try to run a roofing company but only pay $5 to the roofers, you don't have a viable business.
I will be happy to pay more at McDonalds if the workers have a living wage.
tulipsandroses
(5,122 posts)or some kind of assistance.
Even though I think $15 per hr when you have to feed a family is still living in poverty, at the very least someone may be able to feed their family without relying on food stamps.
So we the taxpayers, are basically shoring up the salaries of employees, for companies who should be paying a living wage.
dchill
(38,462 posts)lostnfound
(16,169 posts)Every dime of income for people who earn low wages is taxed at 12.4% (6.2% employer, 6.2% employee) that goes into the Social Security pool.
Thats not true for billionaire tax breaks.
Mr.Bill
(24,262 posts)in ratio to what they pay as minimum wage at their company.