Thread: Donald Trump supports raising federal minimum wage to $10

Republican front-runner and businessman Donald Trump, who owns hotels, has said U.S. wages in general are too low . . .

http://www.alipac.us/f19/new-amenity...m-wage-330957/

District of Columbia approves $15/hour minimum wage

Once approved, the U.S. capital will join California and New York in making $15 the hourly minimum.
At least eight cities, including Seattle, have also approved the $15 base.

Donald Trump is not a small business owner. He also employs foreign workers for jobs he says he cannot find workers. He is a billionaire so he could give his thousands of employees a raise with less impact overall.

I appreciate employers who can pay their employees more. Many small business owners work long hours and have little turnover. There is a trade off to wage increases. If minimum wages increased to $10.00 or $15.00, prices must go up to cover it and jobs will be cut.

Small business is greatly impacted by wage increases. Corporations may bear the increases more easily though I am sure it is made up in some way.

It should be considered state by state since cost of living is different by state.

http://www.ncpa.org/sub/dpd/index.php?Article_ID=25006

Restaurant recession

Minimum Wage Increases in States

http://www.usnews.com/news/articles/...for-us-economy

Conservative Leads Effort to Raise Minimum Wage in California


. . . Significantly raising the minimum wage would help curb government spending on social services, strengthen the economy and make more jobs attractive to American-born workers.

Doesn’t it make more sense for employers to pay their workers than the government?” . . .

Governor Christie Calls For Minimum Wage Increase with Responsible Phase-In, While Helping Struggling Families with EITC Increase

http://nj.gov/governor/news/news/552...20130128a.html

Romney, Santorum back minimum-wage hike


http://www.alipac.us/f9/mitt-romney-...m-wage-302439/

http://www.alipac.us/f19/tim-pawlent...e-hike-302469/

Minimum Wage Mythbusters

Myth: Raising the minimum wage will only benefit teens.

Not true: The typical minimum wage worker is not a high school student earning weekend pocket money. In fact, 89 percent of those who would benefit from a federal minimum wage increase to $12 per hour are age 20 or older, and 56 percent are women.

Myth: Increasing the minimum wage will cause people to lose their jobs.

Not true: In a letter to President Obama and congressional leaders urging a minimum wage increase, more than 600 economists, including 7 Nobel Prize winners wrote, "In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market. Research suggests that a minimum-wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front."

Myth: Small business owners can't afford to pay their workers more, and therefore don't support an increase in the minimum wage.

Not true: A July 2015 survey found that 3 out of 5 small business owners with employees support a gradual increase in the minimum wage to $12. The survey reports that small business owners say an increase "would immediately put more money in the pocket of low-wage workers who will then spend the money on things like housing, food, and gas.

This boost in demand for goods and services will help stimulate the economy and help create opportunities."

Myth: Raising the federal tipped minimum wage ($2.13 per hour since 1991) would hurt restaurants.

Not true: In California, employers are required to pay servers the full minimum wage of $9 per hour — before tips.

Even with a 2014 increase in the minimum wage, the National Restaurant Association projects California restaurant sales will outpace all but only a handful of states in 2015.

Myth: Raising the federal tipped minimum wage ($2.13 per hour since 1991) would lead to restaurant job losses.

Not true: As of May 2015, employers in San Francisco must pay tipped workers the full minimum wage of $12.25 per hour — before tips. Yet, the San Francisco leisure and hospitality industry, which includes full-service restaurants, has experienced positive job growth this year, including following the most recent minimum wage increase.

Myth: Raising the federal minimum wage won't benefit workers in states where the hourly minimum rate is already higher than the federal minimum.

Not true: While 29 states and the District of Columbia currently have a minimum wage higher than the federal minimum, increasing the federal minimum wage will boost the earnings for nearly 38 million low-wage workers nationwide. That includes workers in those states already earning above the current federal minimum. Raising the federal minimum wage is an important part of strengthening the economy. A raise for minimum wage earners will put more money in more families' pockets, which will be spent on goods and services, stimulating economic growth locally and nationally.

Myth: Younger workers don't have to be paid the minimum wage.

Not true: While there are some exceptions, employers are generally required to pay at least the federal minimum wage. Exceptions allowed include a minimum wage of $4.25 per hour for young workers under the age of 20, but only during their first 90 consecutive calendar days of employment with an employer, and as long as their work does not displace other workers. After 90 consecutive days of employment or the employee reaches 20 years of age, whichever comes first, the employee must receive the current federal minimum wage or the state minimum wage, whichever is higher. There are programs requiring federal certification that allow for payment of less than the full federal minimum wage, but those programs are not limited to the employment of young workers.

Myth: Restaurant servers don't need to be paid the minimum wage since they receive tips.

Not true: An employer can pay a tipped employee as little as $2.13 per hour in direct wages, but only if that amount plus tips equal at least the federal minimum wage and the worker retains all tips and customarily and regularly receives more than $30 a month in tips. Often, an employee's tips combined with the employer's direct wages of at least $2.13 an hour do not equal the federal minimum hourly wage. When that occurs, the employer must make up the difference. Some states have minimum wage laws specific to tipped employees. When an employee is subject to both the federal and state wage laws, he or she is entitled to the provisions of each law which provides the greater benefits.

Myth: Increasing the minimum wage is bad for businesses.

Not true: Academic research has shown that higher wages sharply reduce employee turnover which can reduce employment and training costs.

Myth: Increasing the minimum wage is bad for the economy.

Not true: Since 1938, the federal minimum wage has been increased 22 times. For more than 75 years, real GDP per capita has steadily increased, even when the minimum wage has been raised.

Myth: The federal minimum wage goes up automatically as prices increase.

Not true: While some states have enacted rules in recent years triggering automatic increases in their minimum wages to help them keep up with inflation, the federal minimum wage does not operate in the same manner. An increase in the federal minimum wage requires approval by Congress and the president. However, in his call to gradually increase the current federal minimum, President Obama has also called for it to adjust automatically with inflation. Eliminating the requirement of formal congressional action would likely reduce the amount of time between increases, and better help low-income families keep up with rising prices.

Myth: The federal minimum wage is higher today than it was when President Reagan took office.

Not true: While the federal minimum wage was only $3.35 per hour in 1981 and is currently $7.25 per hour in real dollars, when adjusted for inflation, the current federal minimum wage would need to be more than $8 per hour to equal its buying power of the early 1980s and more nearly $11 per hour to equal its buying power of the late 1960s.

That's why President Obama is urging Congress to increase the federal minimum wage and give low-wage workers a much-needed boost.

Myth: Increasing the minimum wage lacks public support.

Not true: Raising the federal minimum wage is an issue with broad popular support. Polls conducted since February 2013 when President Obama first called on Congress to increase the minimum wage have consistently shown that an overwhelming majority of Americans support an increase.

Myth: Increasing the minimum wage will result in job losses for newly hired and unskilled workers in what some call a “last-one-hired-equals-first-one-fired” scenario.

Not true: Minimum wage increases have little to no negative effect on employment as shown in independent studies from economists across the country. Academic research also has shown that higher wages sharply reduce employee turnover which can reduce employment and training costs.

Myth: The minimum wage stays the same if Congress doesn't change it.

Not true: Congress sets the minimum wage, but it doesn't keep pace with inflation. Because the cost of living is always rising, the value of a new minimum wage begins to fall from the moment it is set.

https://www.dol.gov/featured/minimum-wage/mythbuster

San Diego Minimum Wage

• Employers are required to pay a minimum rate of $10.50 per hour. (July 1, 2016)
• The minimum rate of pay increases to $11.50 per hour on January 1, 2017.
• The minimum rate of pay increases to account for inflation each year starting on January 1, 2019.

Earned Sick Leave

• Employers are required to provide a minimum of 5 days of Earned Sick Leave either upfront, or accrued at a rate of at least 1 hour for every 30 hours worked.
• The Earned Sick Leave pay rate is required to be the same as the regular pay rate.

http://sdchamber.org/policy/minimum-wage/

Minimum wage increases are great for people with no real skills. Wages are usually in commensuration with skill sets or education. Naturally they should vary from state to state based upon the cost of living for that particular region. Ultimately forcing smaller businesses to pay up will lead to either higher prices passed on to consumers or more businesses unable to cope with higher labor costs that cannot be passed on to customers threatening their existence.

As more low income people get raises they will have more money to spend at local businesses.
The more money they make the fewer tax paid benefits they will get.
The more money they make the more they will pay in taxes.