business costs #2 Base + Scenario 1 A. $493 (Worst Spillover plus workers million Case) (No earning increase Offsetting in 2014 Workers’ Gains) will also Wages* benefit B. $531 million increase in business costs # 3 Base + Scenario 2 A. $493 Spillover + plus million Productivity businesses increase offset 30% of Workers’ the increase in Wages* costs due to B. $372 increased million productivity increase in business costs # 4 Base + Scenario 3 A. $493 (Most Spillover + plus wage million Likely Productivity gainers will increase Case) + all of Workers’ Consumption their Wages*; additional B. 0.150%, income on increases in consumption consumption by DC residents** C. $372 million increase in business costs. # 5 Base + Scenario 4 A. $493 (Best Spillover + plus offset million Case) Consumption 75% of the increase + Efficiency increase in Workers’ Wage costs due to Wages*; increased B. 0.150%, productivity increases in and other consumption efficiencies by DC residents** C. $80 million
business costs #2 (Worst Case) Base + Spillover (No Offsetting Gains) Scenario 1 plus workers earning in 2014 will also benefit A. $493 million increase Workers’ Wages* B. $531 million increase in business costs # 3 Base + Spillover + Productivity Scenario 2 plus businesses offset 30% of the increase in costs due to increased productivity A. $493 million increase Workers’ Wages* B. $372 million increase in business costs # 4 (Most Likely Case) Base + Spillover + Productivity + Consumption Scenario 3 plus wage gainers will all of their additional income on consumption A. $493 million increase Workers’ Wages*; B. 0.150%, increases in consumption by DC residents** C. $372 million increase in business costs. # 5 (Best Case) Base + Spillover + Consumption + Efficiency Wage Scenario 4 plus offset 75% of the increase in costs due to increased productivity and other efficiencies A. $493 million increase Workers’ Wages*; B. 0.150%, increases in consumption by DC residents** C. $80 million
NTA2017-7.docx