4 ms·
> a minimum hourly rate of about five dollars after tax US federal minimum wage is $7.25 (and higher in many states), with income tax being functionally negati
by cbr 11y ago
> a minimum hourly rate of about five dollars after tax
US federal minimum wage is $7.25 (and higher in many states), with income tax being functionally negative at low incomes. You could adjust downward by 10% to account for the five weeks of paid leave but that still gets you $6.50/hr.
- wfo 11y agoAlso account for the enormous cost of healthcare which is not paid for by taxes.