This is becoming a bit ridiculous for Democrats. The $15 is mostly symbolic, with many large employers already paying that much or close to it, so it's just going to squeeze smaller employers in some low cost-of-living areas and won't do shit for their constituents in large blue cities. OTOH, it should be a no-brainer instead of a fixed amount to make it indexed on inflation like it's done in... you know... sane countries.
Yup, exactly. I think you may agree with parts of Hawleys plan for minimum wage increases.
The bill: Hawley is proposing a three-year program that would increase worker wages in 2021, paid by taxpayers rather than employers.
Hawley told Axios he also would support a $15 minimum wage for workers of large corporations that generate at least $1 billion in annual revenue.
Those making below $16.50 per hour would receive a refundable tax credit worth 50% of the difference, paid out in quarterly installments. The $16.50 could increase over time, as it would be tied to the Consumer Price Index.
The credit would only apply to 40 hours or less of weekly work.
Only American workers with valid Social Security numbers would be eligible, meaning non-U.S. citizens and undocumented immigrants would be excluded.
Between the lines: Hawley's plan would immediately be implemented in the 2021 tax year, expiring in 2024.
The real best case situation is to tie this entire thing to local cost of living and have that done without some massive overarching federal piece of legislation that wont pass if its included.
Pretty such Dem leadership declares that it cant be included so they have a reason to not put it into this Covid stimulus bill. Because if it is I think this bill may be dead by a vote or two. Even if this is a gradual increase, it just doesn’t make sense everywhere in the US.