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RKP5637

(67,101 posts)

16. To me, the minimum wage should be a percentage of the highest wage. And then becomes

Reply to kentuck (Original post)

Mon Jan 14, 2013, 11:22 AM

Jan 2013

the problem of how the highest wage is calculated ... does that include investment income. In my world, the highest income would include ALL monies, and then the minimum wage would be a percentage of that as a function of how skewed the highest income was and the resulting distribution.

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17 replies

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What should be the minimum wage? [View all] kentuck Jan 2013 OP

I would go $14.00 backwoodsbob Jan 2013 #1

$20, raised over the next several years Recursion Jan 2013 #2

Holy shit, we agree on something! Scuba Jan 2013 #6

Three times housing costs. Robb Jan 2013 #3

Minimum wage should be just what is says randr Jan 2013 #4

It should be tied to cost of living in the area. Walk away Jan 2013 #5

Ah, I see your misconception... bobclark86 Jan 2013 #7

I think history proves you wrong? kentuck Jan 2013 #8

that is why you raise the mimimum high enough backwoodsbob Jan 2013 #10

It should be a livable wage where ever the location may be madokie Jan 2013 #9

There should be a corresponding question of "What should be the maximum wage?" Skidmore Jan 2013 #11

Excellent point! kentuck Jan 2013 #13

I think the discussion needs to be about a LIVING wage. davsand Jan 2013 #12

Interesting point Laura. kentuck Jan 2013 #14

The wonderful thing theKed Jan 2013 #15

To me, the minimum wage should be a percentage of the highest wage. And then becomes RKP5637 Jan 2013 #16

How long is a piece of string? Earth_First Jan 2013 #17