N.C. minimum wage increases
Today the North Carolina Senate gave preliminary approval to a one-dollar increase in the state minimum wage (read about it here). After the probable formality of another vote next week (and the signature of a supportive Gov. Mike Easley), North Carolina will have a new minimum wage of $6.15 as of January 1, 2007.
Organizations such as the Common Sense Foundation and the N.C. Justice Center have been pushing a minimum-wage increase in North Carolina for years. Read this article by Common Sense and this study by the Justice Center to learn why all the myths you may have heard about the dangers of small increases in the minimum wage are just that: myths.
posted by David Mills @ 5:06 PM
3 comments
3 Comments:
How would you respond to the position that expanding the Earned Income Tax Credit would be a much more effective and equitable way of helping the working poor than raising the minimum wage?
The EITC is an effective way to help low-income working families. However, the EITC and a higher minimum wage are policies that complement each other, not rivals. Depending on the size and income of a family, a higher minimum wage can actually help a family receive a higher EITC credit. The EITC and minimum wage are two policies that can and should work in tandem to help reward work.
Learn more about the earned income tax credit in the Center for a Better South's latest book, Doing Better: Progressive tax reform for the American South.
Go to: http://www.bettersouth.org/doingbetter/Idea%204.pdf
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