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To: free_life

RE: A $2.00 a hour maximum wage law would produce lots of new jobs.

Switzerland has NO minimum wage law.

Their latest unemployment rate is 3.5%.

Its per capita income is above $59,000

Singapore has NO minimum wage too. Their latest unemployment rate is 1.9%. The Gross Domestic Product per capita in Singapore was last recorded at 36897.87 US dollars in 2013.


15 posted on 04/18/2015 5:22:49 PM PDT by SeekAndFind
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To: SeekAndFind

Per capita income in Switzerland is pushed higher due to their tax rates.

Personal income tax is 40%. Social security is 6.25%. Sales tax is 8%.


17 posted on 04/18/2015 6:45:38 PM PDT by 2111USMC (Aim Small Miss Small)
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To: SeekAndFind

all of those countries have EXTREMELY strict border control and immigration policies.


24 posted on 04/19/2015 5:50:37 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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