To: Jim 0216; newgeezer
As AEI economist Mark Perry notes, Seattle’s minimum wage hike from $9.32 to $15 an hour amounts to a $11,360 tax on every minimum wage job. If full time, which most are not. It should say $11,360 tax on every Full Time Equivalent.
56 posted on
05/16/2016 6:56:55 AM PDT by
DungeonMaster
(the devil walks about like a roaring lion, seeking whom he may devour.)
To: DungeonMaster
It should say $11,360 tax on every Full Time Equivalent.You are correct, sir. And I love this perspective on the minimum wage hike. It's just another way of driving home the fact that anyone whose work isn't worth $15/hour will be replaced by someone or something else.
91 posted on
05/16/2016 10:09:15 AM PDT by
newgeezer
(It is [the people's] right and duty to be at all times armed. --Thomas Jefferson, 1824)
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