Home United States USA — Financial Senator Has a 'Plan B' to Raise Minimum Wage

Senator Has a 'Plan B' to Raise Minimum Wage

20
0
SHARE

With the door shut on raising the federal minimum wage through the COVID-19 relief bill , Democrats are looking for another route. Instead of mandating a $15 hourly wage, Sen….
(Newser) – With the door shut on raising the federal minimum wage through the COVID-19 relief bill, Democrats are looking for another route. Instead of mandating a $15 hourly wage, Sen. Ron Wyden suggests going at it another way: penalizing large corporations whose employees don’t make a certain amount. The companies would be hit with a 5% tax penalty on their payrolls to start, the Hill reports, and the penalty could go up in time.

Continue reading...