Minimum Wage Myths

Let’s talk about minimum wage.

Currently, the federal minimum wage is set at $7.25 an hour. This varies by state, with some states’ minimum wage set over $10 an hour. (Tipped wage earners are paid $2.13 an hour.) The federal minimum wage hasn’t been raised in eleven years, while production rates have risen every year. Opponents to raising the minimum wage often state several arguments that just don’t hold up under scrutiny. Let’s…