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Essay On Minimum Wage

1890 Words8 Pages

People are glad that the minimum wage is increasing. This new law, which requires for all employs to get paid ten dollars an hour, is going to help the economy out in many ways, but it can also hurt it. People state that the economy is going to start rising up and is going to be stable for a while, but others fear that it will bring the economy down. Trying to change the minimum wage can bring and start a division between the people’s point of view. Also, it brings a lot changes towards the country and people for the better or the worse.
Minimum wages has been an issue for a long time now. People have been fighting for a long time for the money they wish they should be getting. They feel that the hard work they put in, does not cover the …show more content…

People have been asked if they feel that the government is spending the money they take from citizens well enough. “The average taxpayer now believes that state governments waste 42 cents out of each dollar, while the federal government wastes 53 cents out of each dollar.” (Schiller 83) Taxpayers are noticing that the government is spending the people’s money in any right way. They feel like the government is taking their money only for to “waste” it on something unnecessary. Looking at the chart in page 83 in the book, we can notice that more people agree that the government is just “wasting” money since 1980. Since 1980 people know that the government is just taking their money for nothing, but surprisingly in the year 2002 we can see that the number of people lowered down. From that year on the number of people increased back up again. The more money people are getting, the more money they will need to give back to government. Workers are far well glad that this change is going to happen, but they just do not like the idea that everything or most things will be rise up on pricing. More money earned more prices go

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Minimum wage would raise the wages of many workers and increment benefits what disadvantaged workers. An estimated 6.9 million workers would receive an incrementation in their hourly wage if the minimum rage were raised to $10.15 by 2015. Due to the spill over effect the 10.5 million workers earning up to a dollar above minimum wage would withal be liable to benefit from an incrementation. Women are the most astronomically immense group of beneficiaries from a minimum wage increase. Sixty percent of workers who would benefit from an incrementation are women.

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the Pew Research Center found. The some corporations that don’t pay their fair share maintain of higher income families or also know as rich people. The lower income families were found to pay more than they should and that the Government bank on them more than the higher income. Finally, the medium income families present that the taxes should be reformed. What has this to do with the Government getting its’ power from the people?

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A minimum wage increase from “$7.25 to $10.10 would result in a loss of 500,000 jobs”. ("The Effects of Minimum-Wage Increase on Employment and Family Income”) This claim is better because it shows how raising the minimum wage will decrease job growth instead of increasing it. But, the minimum wage should be increased because increasing will also increase economic activity and spur job growth, decrease poverty, and improvements in productivity and economic growth have outpaced increases in the minimum

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Throughout the years the United States’ economy has had to overcome many obstacles to get to where it is today, through good times and bad. One of the major topics that have been discussed for over the past decade is raising the federal minimum wage. This specific topic has been debated all up through presidential debates and congress meetings to where even voters are influencing their governor votes on rather if they will fight for raising the federal minimum wage or not. The desire to increase the federal minimum wage has been gaining momentum throughout the years “as a way to alleviate rising wage and income inequality”, especially within this past presidential debate between Hillary Clinton and Donald Trump (Neumark). Many states have already raised the minimum wage by their choice, but doing this to the rest of the country through law

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Various arguments that have been put across for why the minimum wage should be increased will be explored. The research will provide an introduction to the issue with some historical background as well as the current dynamics surrounding the issue. After which, the direction of the paper will drive towards proving that the minimum wage should be increased by exploiting researched facts as well as evidence-based arguments that have been put forward by various experts concerning the issue. The paper will not include opposition arguments but it will focus on presenting a strong case as to why the wage should be increased as opposed to why it should not be increased or rather counter-arguing the facts presented by the other divide of the subject matter at hand. The research will use figures, numbers as well as other facts about the topic from previous research to build the case for increasing the

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