House OKs $15 minimum wage, setting marker for 2020 campaign.

[serger]

Originally Posted by TMSRetired

via their social security taxes which are very high compared to that of the US.

Ours is around 15% while Spain's is around 38%.

That does not answer my (rhetorical) question.



Btw, the employee contribution percentage to social security is not any higher than here (and the maximum base is only about 4k a month).


And if you are making $1000 a month, frankly it is a great deal to pay 6% and have HC benefits (and bunch of others e.g. pension, etc.). While if you make $1000 here you basically rely on taxpayer's assistance since there is obviously no way to pay the "market" rate for health insurance.

[workingclasshero]

the largest employer in the USA....the federal government


if congress was to double or more (a few are saying 20/hr) the min wage then the entire GS/WG schedule would have to be redone


GS1 only makes $9.13/hr
WG1 only makes $10.02/hr


its not until WG5 that employees are making $15 or more/hr


and since the scales/schedules are prorated..ie steps and grades based on experience and job title...the ENTIRE schedule would have to be majorly adjusted ..... costing the federal government 100's of billions in salary