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Bill: Elimination of Minimum Wage
Details
Submitted by[?]: Jewish Capitalist Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: June 2595
Description[?]:
Very, very few people are on minimum wage. The only reason they are on minimum wage is because minimum wage exists. Minimum wage artificially increases the amount an employer must pay an employee, which often leads to the employee being payed more than they are worth. This means the employer will want to hire someone who is experienced and worth the amount they are forced to pay. This denies inexperienced workers the ability to gain valuable job experience. Minimum wage also artificially increases inflation. By requiring that the company pays their workers more than they are worth, they must charge higher prices to make up for the lost money. |
Proposals
Article 1
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There is no provision for a minimum wage.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 53 | ||||
no |
Total Seats: 135 | ||||
abstain |
Total Seats: 52 |
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