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1. Tax Credit Expansions Don't Make Up for the Lower Minimum Wage Increase Proposed by President Obama
(Matching tags: inequality, taxes, minimum wage, low-wage work, pverty, tax credits)
The $9 minimum wage proposed in the SOTU is less than the $9.50 that Obama proposed during his first campaign. For a full-time worker, that's about $1,000 less per year. And, as Tim Noah has noted, if ...
2. Three Years with No Increase in the Federal Minimum Wage
(Matching tags: economy, minimum wage, low-wage work, employment)
... 29 million workers. About 20 million low-wage workers would receive direct pay increases and another 9 million, who earn just above the new legal minimum, would capture some “spillover” as employers adjusted ...