Wage Revolution VS. Minimum Wage

Approximate Cost of Living
for a Single Mother with 2 Children
(1 child in school, 1 child under 5 in daycare)

2 Bedroom Apartment $800.00
Phone & Utilities $200.00
Healthcare & Dental $575.00
Food & Clothing $650.00
Used Car, Gas, & Insurance $450.00
Daycare for 1 Child $790.00
MONTHLY TOTAL $3,465.00
YEARLY TOTAL $41,580.00

Cost of Living
  $41,580.00

+

Minimum Wage
   $5.85/Hour*
$12,168.00/Year  
 

=

Total Bills Unpaid
$29,412.00/Year

=

One Family
Living in
Total Poverty


Cost of Living
  $41,580.00

+

Major Retailer Wage
$6.63/Hour*
$13,800.00/Year

=

Total Bills Unpaid
$28,800.00/Year

=

One Family
Living in
Total Poverty

Cost of Living
$41,580.00

+

Wage Revolution
$20.00/Hour*
$41,600.00/Year

=

All Bills
Are Paid

=

One Family Raised
Out of Poverty


$41,600 Total Pay/Benefit/Car Allowance/Healthcare Allowance*

*After Calculating all Earned Income Credit, Child tax credit, Day care credit, Healthcare allowance, Automobile allowance, and applying this towards all Federal, State and FICA taxes, this workers Pay Package will equal $41,600 annualy.



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