From a new report:
Once fully implemented inwards the minute one-half of 2016, the $10.10 alternative would cut down sum work past times near 500,000 workers....The increased turn a profit for low-wage workers resulting from the higher minimum wage would sum $31 billion, past times CBO’s estimate. However, those turn a profit would non become exclusively to low-income families, because many low-wage workers are non members of low-income families. Just nineteen pct of the $31 billion would accrue to families alongside turn a profit below the poverty threshold, whereas 29 pct would accrue to families earning to a greater extent than than 3 times the poverty threshold.Sumber https://gregmankiw.blogspot.com/
