eevans Wrote:
Feb 16, 2013 9:29 AM
All a $9 min. wage does is pushed people working a full time min wage job from the 10% tax bracket into the 15% tax bracket! Why are none of these expert money/finance websites skipping over this. It would actually cost someone working a fulltime min. wage job more in taxes than they would make at 8.60/hr. Obama is basically trying to raise taxes on the min. wage workers half again as much and they would end up worse off than they were because not only would they be paying taxes, it would reduce what they might be eligible for in food stamps and any other federal assistance program....including college grants!