House Democrats plan to push for $15 federal minimum wage
If you work full-time, you should be able to support your family. its called the American dream!
I don't disagree... BUT a Federal minimum wage is totally stupid as one size does not fit all!
FACTS FACTS FACTS!!!
OK... let's use your $15.00 figure raising all the people that work for minimum wage.
Q) How many people do you think work at minimum wage?
A) In 2014, about 1.3 million U.S. workers age 16 and over earned exactly the prevailing federal minimum wage of $7.25 per hour.
Another 1.7 million had wages below the federal minimum. Together these workers make up 4 percent of all hourly paid workers.
What are the characteristics of minimum wage workers? - UC Davis Center for Poverty Research
FACTS
So let's raise ALL these 3 million people to $15.00/hour.
Remember there were 1.3 million already being paid $7.25! so the additional hourly pay is $7.75 per hour.
So these 1.3 million would get another $7.75/hour and work 2,080 hours per year or a total gross of $20,956,000,000.
Payroll taxes paid by both employer and employee: 12.4% or a total of $2.6 billion additional Federal tax revenue.
Now you do know that these 1.3 million don't pay Federal income taxes and will not on this additional $21 billion...
the ONLY tax revenue will be payroll taxes.
So now let's calculate the remain 1.7 million that are less than $7.25...
Let's assume that figure they currently get paid is $5.00/hr so then get $10.00 more...
1.7 million working 2,080 or additional $35.4 billion in gross wages and at 12.4% payroll taxes an additional $4.4 billion in payroll taxes.
So to answer your really ignorant comment: "The Poor can pay more in taxes and create more in demand with a higher minimum wage
Just in additional payroll taxes the Federal government would get $7 billion a year...
Just enough to pay out 10% of the food stamps:
SNAP benefits cost $70.9 billion in fiscal year 2016
Supplemental Nutrition Assistance Program - Wikipedia
SEE the latest hamburger flipper!!!
Here's The Burger-Flipping Robot That Could Put Fast-Food Workers Out Of A Job
A company called Momentum Machines has built a robot that could radically change the fast-food industry and have some line cooks looking for new jobs.
The company's robot can "slice toppings like tomatoes and pickles immediately before it places the slice onto your burger, giving you the freshest burger possible." The robot is "more consistent, more sanitary, and can produce ~360 hamburgers per hour." That's one burger every 10 seconds.
The next generation of the device will offer "custom meat grinds for every single customer. Want a patty with 1/3 pork and 2/3 bison ground to order? No problem."
Read more:
Here's The Burger-Flipping Robot That Could Put Fast-Food Workers Out Of A Job
So like all idiots your ideas will cause people to LOSE their jobs! THANKS Again!