THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 1182.12 is added to the Labor Code, to read: 1182.12. Notwithstanding any other provision of this part, on and after September 1, 2006, the minimum wage for all industries shall not be less than seven dollars and twenty-five cents ($7.25) per hour, and on and after July 1, 2007, the minimum wage for all industries shall not be less than seven dollars and seventy-five cents ($7.75) per hour. SEC. 2. This act is an urgency statute necessary for the immediate preservation of the public peace, health, or safety within the meaning of Article IV of the Constitution and shall go into immediate effect. The facts constituting the necessity are: California's lowest paid workers urgently require an increase in their wages as soon as possible in order to keep up with the rapidly increasing cost of living. It is therefore necessary that this act take effect immediately.
Net effect: zero.
How stupid. Every time the min wage is raised, the price of everything we buy is raised to equal or trump it. Any savings we have is then worth less and less.
Poor planning if anyone reviews the economic demography of just who pays state income taxes in California. It's not the minimum wage folks. If fees (which includes gas taxes) and consumption tax resources are analyzed, his proposal might have a positive impact on the fantastic budgeting he envisions.
Time will tell.
Now I know that freepers disagree on just about everything imaginable, but is there anyone on this site who actually thinks raising the minimum wage accomplishes anything at all on behalf of the poor?