Congressman Donald Norcross today unveiled his plans to raise the federal minimum wage to $15 an hour.
You can follow Rep. Norcross in his push for a higher minimum wage on Twitter using the hashtag #RaiseTheWage
“No one who works full-time should live in poverty. But that’s exactly what we’re seeing all around us. Working families are struggling to pay the bills and the reason is our low minimum wage."
“Back in the 1960's, CEOs of large corporations were making 20 times the average worker, and now it's up to and above 300 times. They're taking home 74,000% more than an American worker making minimum wage. It’s time to take an honest look at the math and give these workers fair day’s pay for a full day’s work."
“This is good for America. When people earn more, they spend it and that stimulates the economy. And when they earn more, they’re less likely to rely on government assistance. Most importantly, it’s the right thing to do for our friends and neighbors who deserve a pay raise.”
Even working 40 hours a week, 52 weeks a year, earning the national minimum wage of $7.25 an hour puts a single parent and her child under the federal poverty threshold. And New Jersey’s $8.38 an hour puts that same family far below living wage put forth by anti-poverty advocates.
The Norcross wage plan would call for a $.75 cent increase this year, and then a $1 increase every year after that up to $15. The federal minimum wage increase would be tied to the rate of inflation, as it currently is in New Jersey. The plan also calls for a tax credit for small businesses that raise their wages ahead of the federal schedule.
Join Congressman Norcross as he leads the 'Fight for 15.' #RaiseTheWage