Some Common Cents for May 2nd 2014

May 2, 2014, by John Norris

Yesterday, Seattle mayor Ed Murray proposed a plan to raise the minimum wage in that city to $15/hour, to be phased in over 7 years, depending on the size of the company. Firms with greater than 500 employees, nationally, have 3 years to make it happen. Those that offer health insurance get another year, and firms smaller than 500 American employees get the full 7 years. After that, the powers that be will adjust the...

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