At $9.50, the District of Columbia minimum wage was already higher than any state in the nation before it rose to $10.50 Wednesday.
“Raising the minimum wage will give tens of thousands of Washingtonians a raise and boost the bottom lines of our local businesses,” Bowser said. “It’s good for workers, businesses and our economy,”
More
7 comments:
Explain to me how this boosts the bottom line of businesses, please.
The government's only reason for wanting higher wages is that it means there will be more taxable income. This is a stealth tax increase from the government. Higher income means more taxable income. Anyone who thinks the government is concerned about the living standards of Joe and Jane Doe need to think a bit deeper.
Found a pay stub from 1990 for 40 hrs I brought home after taxes 700.00 dollars. Now people do the same job must work a lot of OT to make that much.
You can't fix STUPID.
Bums.
That is ridiculous. Holloway Tours only pays $10 hr for the responsibility of driving their buses, you have to have a CDL. Dunbar pays $11 hr and you have to have a CCW, CDL, able to obtain clearance for the US Mints and other such institutions and able to pass other State requirements for carrying a weapon.
Higher minimum wage laws are economic BS; always have been. Higher costs to employers = fewer hours for workers + higher prices to cover the costs = fewer customers. Starts a downward cycle since the employee isn't generating any additional units of work.
Higher wage tax collection observation is also correct.
Post a Comment