Vermont Sen. Bernie Sanders said that the majority of Americans support a $15 minimum wage, but an April poll by CreditLoan says otherwise.
Governor Scott was absolutely right to veto the $15 minimum wage bill. Let’s hope he doesn’t have to do so again a year from now, and, if he does, he has the votes to sustain that veto.
Gov. Phil Scott on Tuesday vetoed bills for a $15 minimum wage and mandatory paid family leave, citing campaign promises not to raise costs on residents and businesses.
If our legislators want to pass a policy like the $15 minimum wage, they ought to be aware of how this policy would hit the poorest rural areas of Vermont, so that they don’t mistake minimal “average” impact for major impact on the areas of Vermont that can least afford to raise wages.
Vermont is one step closer to a $15 minimum wage following a narrow yes vote in the House on Tuesday, and business owners say the development has them worried, despite the likelihood of a veto by the governor.
Last week, the House Committee on General, Housing and Military Affairs took testimony on S.40, a bill that would give Vermont a $15 minimum wage by 2024. Watch video of the committee hearings held at the Vermont Statehouse.
We are concerned about six weeks of paid family leave, we continue to oppose increasing the minimum wage, and we’re against transferring partial funding of education to a new income tax surcharge. We also oppose broad liability for toxic substances.
A single parent earning minimum wage has access to resources of roughly $45,000 a year, including benefits such as state and federal earned income tax credits, food stamps, and childcare subsidies. This is an amount roughly equivalent to the after-tax resources of someone who earns a salary of $52,000.
Why lawmakers would consider — let alone pass — a law that they know will both drag on the overall economy and have significant negative impacts on the state’s most vulnerable businesses and citizens is mind-boggling.
The House Committee on General, Housing, and Military Affairs on Wednesday examined raising the minimum wage to $15 an hour, despite signals from the governor that such a measure would get a veto if gets to his desk.
Higher minimum wages actually reduced the long-run earnings of teenagers who were exposed to the higher minimum, according to a new study from the Mercatus Center.