Do you know what is today's minimum wage in California?
No, but I know minimum wage is around 9 dollars in FL and that the cost of living in CA is higher. I would guess that it's 11 dollars or so.
I think they may recently have accepted $15 as the minimum wage in CA.  It makes sense from a worker's point of view, but it may help explain why corporations are leaving CA.
Wow! That sounds like a nice and potentially livable wage. I imagine it would do good for morale but it's sad to hear that corporations dislike it.
They don't just like it.  They, along with many higher income individuals, are flooding out of Texas to avoid paying the minimum wage and to avoid high corporate and individual taxes.  We are seeing a lot of them in TN.
I see, minimum wage and other laws usually illicit strong responses from businesses. I have heard of some leaving the country for cheaper taxes or stuff like that.
Yes, corporations are affected.  But I can't understand why California doesn't try to tone down its taxes.
in the 1920s and 2000s, with a 30-year period of relatively lower inequality between 1950–1980.
Measured for all households, U.S. income inequality is comparable to other developed countries before taxes and transfers, but is among the highest after taxes and transfers, meaning the U.S. shifts relatively less income from higher income households to lower income households. Measured for working-age households, market income inequality is comparatively high (rather than moderate) and the level of redistribution is moderate (not low). These comparisons indicate Americans shift from reliance
that. I've been through this. My husband gave workers a raise in the 1990s. I voted to raise the minimum wage and guess what, millions of jobs were created or paid better and more families were secure." She followed that statement by saying "[a]nd don't let anybody tell you that it's corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried, that has failed. It has failed rather spectacularly." She has described the