horizons82 wrote: ↑Tue Dec 29, 2020 10:30 amAt 40 hours per week, you work a total of 2,080 hours per year. $15 x 2,080 = $31,200 gross. That’s less than half of $68,000, so a couple both working full time at $15/hr still wouldn’t qualify.flyingember wrote: ↑Tue Dec 29, 2020 9:32 am $68,000 is very close to the $15 minimum wage goal many have. It looks like $32/hour is enough for $1660 per month.
More importantly, as you hinted at but glossed over, $15 is not the standard now. The min wage is still stuck at $9.45 (thanks Jeff City!), only folks doing business with the city are guaranteed that $15 rate.
The fundamental idea is two contradictory ideas
1. that the floor for pay should be $15/hour
2. the ceiling for new construction rentals should be based off today's minimum wage
The better argument would be to use these situations as practical examples proving a higher minimum wage is needed and to expand that fight. New construction isn't getting cheaper so the fight over housing costs isn't going anywhere until income inequality becomes less extreme
The state minimum wage jumps to $10.30 in three days
Then $11.15 in 2022 and $12 in 2023.