New York State is raising the minimum wage from $7.25 to $9.00, the left rejoices!
Oh...they recognize that this is going to have a negative impact on the job market and are going to subsidize 77% of the wage increase with taxpayer funds. Hmm...
Once it reaches $9 an hour, employers would pay 40 cents and taxpayers $1.35 of the extra $1.75 an hour workers are paid.
