Opinion: We don’t need a one-size-fits-all federal minimum wage
By Charles Lane Charles Lane Editorial writer and columnist specializing in economic and fiscal policy Email Bio Follow Opinion writer May 13 at 6:37 PM What is the minimum wage in the United States? To a much greater extent than used to be the case, the correct answer is: “It depends.”
How about the U.S. tax on a gallon of gasoline? Once again, it’s an increasingly state-by-state situation. The federal excise tax of 18.4 cents has been fixed, i.e., declining in real terms, since 1993. In the interim, many states have been adjusting theirs, such that there is now a wide range between the top rate and the bottom .
Take state gas taxes first. To the extent that receipts pay for roads and other transportation systems, as they do in most states, it’s better to impose the tax at the state level; the people who pay for the infrastructure are the ones who actually use it. Politics 101, however, teaches that the minimum wage is here to stay; and recent economic research suggests that the job-destruction risks may be mitigated as long as the minimum does not exceed 50 percent or so of the median hourly wage, which, in turn, varies from jurisdiction to jurisdiction.
These differentials are in keeping with a proposal by Rep. Terri A. Sewell to change the one-size-fits-all federal minimum wage to a system of regional minimums, based on local labor-market conditions.
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