They’re calling it the “Large Retailer Accountability Act” that would
force big box retailers to pay minimum wage of $12.50 in Washington D.C.
Currently minimum wage in the District of Columbia is $8.25, which
equals $17,160 a year. If that sounds low consider zero is a much lower
sum and what many earn in D.C. now is significantly less. Take Ward 8 in
Washington D.C.:
> 94% Black
> 38% poverty rate (highest in 30 years)
Washington has the third highest income inequality gap in America after Atlanta and Boston:
> Top fifth earn $473,000 (national average is $292,000)
> Bottom fifth earn $9,100
http://finance.townhall.com/columnists/charlespayne/2013/07/12/stabbing-the-poor-but-still-getting-their-votes-n1639148/page/full
> 94% Black
> 38% poverty rate (highest in 30 years)
Washington has the third highest income inequality gap in America after Atlanta and Boston:
> Top fifth earn $473,000 (national average is $292,000)
> Bottom fifth earn $9,100
http://finance.townhall.com/columnists/charlespayne/2013/07/12/stabbing-the-poor-but-still-getting-their-votes-n1639148/page/full
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