the difference between the current minimum wage and a fifteen dollar an hour minimum wage times the number of participants in the market for labor.
fifteen dollars an pays more in income tax than our current minimum wages.
And I showed you how much that costs. You're going to spend a LOT too get back a little. For this year, a single earner making $15/hr earns $31,200. After applying the standard deduction, that yields a taxable income of $19,000. That's in the 12% range, or $2280. What was your number of people who would get that again, 100 million? Multiply that out and you get $228 billion, and that's not even accounting for all the things that reduce taxable income even further. That's not a good return for spending $3 trillion. Tell us, do you actually ever look at the numbers before spouting off the way you do?