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If the federal government increased the minimum wage from $7.25 to $10.10 per hour, would more of the salary increases flow to families below or above the poverty line?

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According to the Congressional Budget Office, if the federal government increased the minimum wage from $7.25 to $10.10 per hour, "Just 19 percent" of the salary increases "would accrue to families with earnings below the poverty threshold." Thus, 81% would accrue to families above the poverty line, and per CBO, "29 percent would accrue to families earning more than three times the poverty threshold."

DocumentationMinimum Wage Effects



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