This is going around again, so here's some important context to understand the number. The $12,366 does come from an official source (US Current Population Survey) but is almost certainly incorrect. A better source (American Community Survey) puts the increase at $213. #mepolitcshttps://twitter.com/WhiteHouse/status/1320440490270040065 …
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So your 2017 household made approx $4.52/hour above minimum wage...but your 2019 household made only approx $3.16/hour above minimum wage. Our median household income is creeping closer to minimum wage work.
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Research suggests that minimum wage increases don’t have much effect on hourly wages which are more than 25% above the new minimum. So even in 2019, it’s not having much impact on people earning $13.75/hr or higher. Not hard & fast cutoff but impact on median income is v small
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...and a lot of people claiming minimum wage on their taxes
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