N.Y. Gov. Cuomo Pushing for 24% Minimum Wage Increase
Tweet
Share
E-mail
N.Y. Governor Andrew Cuomo is said to be pushing for a raise in the state's minimum wage rate.
Citing people familiar with the situation, Bloomberg said that Cuomo would like the rate to hit $9 per hour, from the current rate of $7.25 per hour. The plan would have a three-year phase-in deal, sources said.
The NY Daily News said that the deal would include tax cuts to small business and individuals, while extending a surcharge to wealthier households.
Citing people familiar with the situation, Bloomberg said that Cuomo would like the rate to hit $9 per hour, from the current rate of $7.25 per hour. The plan would have a three-year phase-in deal, sources said.
The NY Daily News said that the deal would include tax cuts to small business and individuals, while extending a surcharge to wealthier households.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- 'Sell America' trade returns as Fed, yen risks mount
- Citadel’s Rubner says it’s time to start buying gold again
- Take-Two shares dip as soft guidance overshadows Q1 beat ahead of GTA VI
Create E-mail Alert Related Categories
General News, Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
