Even Wal-Mart has increased the wages that their lowest-paid employees make.
Sixty-three percent of Illinoisans have already voted for a minimum wage hike via referendum. (State Board of Elections)
So what’s stopping Illinois from passing a minimum wage?
The first myth is that increases to the minimum wage will destroy companies. According to recent studies, increasing Illinois’ minimum wage to $10/hour in one fell swoop is not a high-enough increase to cause businesses to cut workers, and would raise consumer spending by low-income families. (Manzo, 2015)
According to the Illinois Economic Policy Institute, this minimum wage would spur on the economy by:
• Increasing income up to $7 billion across all workers; and
• Generating around $180 million in new state income tax revenue.
Another myth is that only teenagers make minimum wage. With the growing Wealth Gap in Illinois and across the country, that hasn’t been the case for a long time.
Illinois Wal-Mart employees have received pay hikes
We Can Afford a $12.00 Federal Minimum Wage in 2020
Evanston residents emphasize affordable housing, minimum wage issues