Wednesday, April 30, 2014

Today’s Senate Minimum Wage Vote Is A Moral Litmus Test | Common Dreams

Today’s Senate Minimum Wage Vote Is A Moral Litmus Test | Common Dreams

"By opposing increases in the minimum wage – including the minimum wage for tipped workers, which has not increased since the early 1990s – taxpayers spend about $7 billion a year in assistance payments to close the gap between what workers are paid and what they need to meet their most basic expenses. Taxpayers also subsidize the outsize salaries of the CEOs of low-wage employers – to the tune of $232 million in 2012 and 2013 for just the top 20 restaurant chains, Pizzigati wrote. These CEOs earn, on average, more than 1,000 times the salary of an average fast-food worker."