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A comment on A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news. Parent comment

Re:A ‘very credible’ new study on Seattle’s $15 minimum wage... by dtehranian on Monday June 26, 2017 @01:14PM (#14638474)
Many have trouble making ends-meat because they lack skills that the market will pay for. Long term solution: Get more people skills that employers will pay for.

Another solution to help low wage/low skilled workers, is a negative tax rate: https://en.wikipedia.org/wiki/Earned_income_tax_credit

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Re:A ‘very credible’ new study on Seattle’s $15 minimum wage... by bradleyjg on Monday June 26, 2017 @02:06PM (#14638922)
The problem with a negative income tax, especially when coupled with many other means tested programs at the state and federal level, is that you create a situation where there are very high effective marginal tax rates. Sometimes even exceeding 100%.
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