Make Minimum Wage Based on inflation

 

 

The minimum wage in Minnesota will follow in inflation and at the end of the fiscal year the minimum wage will be raised

or lower based on inflation this is to lessen the blow on small business's

 

This will make the minimum wage increase and decrease in the state of Minnesota with in 5 dollars of the last year

minimum wage

If a -10% then a 5 dollar decrease

If a -9%- -7% then a 4 dollar decrease

If a -6%- -4% then a 3 dollar decrease

If a -3%- -2% than a 2 dollar decrease

If a -1% than a 1 dollar decrease

If a 0% than nothing happens

If a 1% than a 1 dollar increase

If a 3% - 2% than a 2 dollar increase

If a 6% - 4% than a 3 dollar increase

If a 7% - 9% than a 4 dollar increase

If a 10% than a 5 dollar increase

For The Ten Percent it will just go with 5 dollars

 

Wages

a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a

manual or unskilled worker.

Inflation

a general increase in prices and fall in the purchasing value of money.

 

Does not need Funding

 

Current Enforcements/Penalties

 

Next Fiscal Year