Tax cuts boost workers’ wealth more than minimum-wage hike
By Augusta Chronicle Editorial Staff, published Sunday, March 2
If the Obama administration truly were interested in improving wages for American workers, it would be pushing for a reduction in corporate income tax rates instead of a minimum-wage hike.
The former is a meaningful and impactful solution; the latter is a largely symbolic gesture that will do the economy more harm than good.
Minimum wage, minimal results
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#1
mary smith
on
03/09/14 at 08:29 PM
[Reply]
well lets see if I work 30 hrs a week at $10.00 per I make less than I would at 40 hrs at 8.25 per. So is this new math or what..PLUS I have to pay obbumeraffordable care premiums so I take home less money. Now that's a win win situation.
#2
Robert
on
03/24/14 at 07:35 PM
[Reply]
Minimum wage should be determined by market. If government lift the minimum wage, employers may offer less job in order to cut the total costs.