In news that will probably surprise no one, EPI tells us today that the wages of the poor go up when states raise their minimum wage:

I’m still not really on board with the $15 minimum wage movement, but I’m on board with a federal minimum of $12. A lot of liberal economists will say that the EITC is a better mechanism for raising the income of the poor, and generally speaking that’s true. However, the EITC and the minimum wage tend to help different classes of people. A combination of a strong minimum wage and a strong EITC is really the best way to go.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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