this post was submitted on 23 Feb 2024
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That's waaaay more complicated than just minimum wage. $16 isn't even a living wage here in L.A. where we've got lots of homelessness.
We ought to employ Land Value Taxation to fund the basic necessities for survival, and the remainder should go towards a UBI.
For what it's worth, the minimum wage in LA will rise to $17.28 in July of this year. I get that's still not very high by LA standards, but I stress that progress is better than stagnation.