Re:Why Is Panera Exempted from California's New Minimum Wage...
by dexzod on Wednesday February 28, 2024 @04:03PM
(#39543385)
But doesn't it help the state overall, because more people will become ineligible for tax breaks and other diverse subsidies and programs the state offer's for the low-income households. Has any study taken a look at that?
Re:Why Is Panera Exempted from California's New Minimum Wage...
by jstarfish on Wednesday February 28, 2024 @04:23PM
(#39543606)
I had the same thought:
35hr x $7 = 245, x4 weeks = $980
35hr x $15 = 525, x4 weeks = $2100
At my poorest (and with 3 dependents) EBT only ever paid out $~650 a month. The gross delta here is $1120. So the state should come out ahead.
But all I've heard of is hours being cut in line with wage increases. So few workers are pulling that $2100 and are presumably still on benefits.
Re:Why Is Panera Exempted from California's New Minimum Wage...
by zeroonetwothree on Wednesday February 28, 2024 @04:05PM
(#39543406)
Surely there is some level at which it will reduce unemployment. So really it’s just an argument as to what the right level is.
In the end: IDK but it doesn’t seem like the best issue to focus on to help people.