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Should the federal minimum wage in America be a percentage of something?

Asked by JLeslie (65446points) July 31st, 2015 from iPhone

Rather than the minimum wage being a dollar amount, should the fed require states to have a minimum that is a percentage of some number so it adjusts to the local economy? Maybe there would still be a dollar amount as a minimum floor, but also a flexible requirement that would be a calculation that takes into account the cost of living.

What do you think? What numbers would you use?

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