[DocJhn]

This is also about taxes. Min wage @ $7.50phr leaves a balance owed of $170.00 single no deductions for the year.$15.00phr no deductions leaves a balance of $2114.00 for the year! State income taxes will also leave a mark. In all that is said and done the Government has figured out a way to have the consumer fund another $1944.00 of Fed taxes per min wage employee across the US. This is based on 2013 taxes. This not to slight the American Worker but the Admin has found a way to make them a tool for taxes and not the compassion everyone thinks it is. Compromise @ $10.00 and feel lucky!

[MV=PY]

"This is also about taxes."

Thanks, hadn't considered that. I think it explains a good portion of this madness.

[grumpygresh]

Even the threat of a minimum wage hike is enough to get many more businesses to accelerate automation. Instead of more tax money via wage hikes, we will of course have less aggregate tax collection via fewer employees. And that also means fewer employees paying union dues, and less tribute for the Dims campaign coffers.
But, OTOH, there will be more welfare cases, which means more Dim voters.
Also look for another Luddite movement as Dims, racial and poverty pimps demonize evil greedy white businessmen running urban McDonald’s with more machines. A little more civil unrest is always a good way to keep the mob engaged in politics and voting for Dims.

[USFRIENDINVICTORIA]

That's a good point, and you're right about the taxes. Unfortunately, taxes are just the beginning of the problems. As the following chart shows, the effective marginal tax rate for low-income workers is over 80%. This is because of claw-backs on social welfare programs. From the perspective of the individual affected, these claw-backs are indistinguishable from taxes. IOW, governments will save about 5 or 6 times more than you calculated -- and the workers will be shocked to discover how little extra they have in their pocket each payday. Those, who are still working, that is.

[Theodore R.]

Everything about the American people is with the flow of cash or lack thereof.

[roamer_1]

This is also about taxes.

EXACTLY. And unions -Their wages are tied to min wage and automatically compensate.