Even if restaurants stayed open the employees will find themselves in a higher tax bracket (almost $37,500 gross income per year) and ineligible for many government programs.

Yearly gross income for federal minimum wage: $15,800.

Check out official 2015 US government poverty level tables: http://aspe.hhs.gov/poverty/15poverty.cfm

and federal  income  tax brackets:  http://www.bankrate.com/finance/taxes/tax-brackets.aspx




  

In today's PC environment telling the truth is now considered hate speech 

Last Edited By: sully from OK 03/16/15 2:47 AM. Edited 1 times.