Thirteen Reasons why it’s Time for a Raise – #13 Raising the federal minimum wage will help save social security

Raising the federal minimum wage would have a “spillover effect” to different parts of the economy. As wages grow, other parts of the economy will see

A study by the Economic Policy Institute found that by raising wages for the working class, there would be an increase in social security contributions, leading to more money in the Social Security Trust Fund, and could eliminate up to 75% of the current shortfall in Social Security.