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Federal Minimum Wage, Tax-Transfer Earnings Supplements, and Poverty
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ISBN10: 1502955024
ISBN13: 9781502955029
Publisher: Createspace
Published: Oct 31 2014
Pages: 44
Weight: 0.16
Height: 0.09 Width: 5.98 Depth: 9.02
Language: English
ISBN13: 9781502955029
Publisher: Createspace
Published: Oct 31 2014
Pages: 44
Weight: 0.16
Height: 0.09 Width: 5.98 Depth: 9.02
Language: English
The minimum wage affects workers regardless of their family status. A full-time, year-round worker at the current minimum wage would gross $15,080 in the year. A worker's poverty status, however, depends on family circumstance, specifically family size. A single full-year, full-time worker earning the current federal minimum wage would have gross earnings above the 2014 poverty guidelines, but the same worker in a family of two or more people would have gross earnings that fall below these guidelines.
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