"ALBANY - STATE SEN. JULIA Salazar is set to announce her Living Wage for All legislation on Tuesday at a rally in Albany, joined by state Sen. Zellnor Myrie, other lawmakers and advocates. Salazar's bill would establish a $30 statewide minimum wage, tied to the cost of living. Another bill in the legislative package would eliminate the tipped minimum wage for restaurant workers."
"Opponents argue that the increase in wages would lead to inflation and would cause small businesses to struggle. Research into an earlier proposal to raise the minimum wage for human services workers to $29 indicated that while the measure could cost the state $11 billion, it could generate between $14 and $23 billion in economic activity, as well as nearly $1 billion in increased tax revenue."
State Sen. Julia Salazar plans to introduce Living Wage for All legislation proposing a $30 statewide minimum wage indexed to cost of living and a measure to eliminate the tipped minimum wage for restaurant workers. The current minimum wage stands at $16 statewide and $17 in the metro area. Supporters contend the increase is necessary to help low-wage workers keep pace with rising costs. Opponents warn that such a dramatic hike could spur inflation and strain small businesses. Research on a similar $29 proposal for human services workers estimated $11 billion in costs but projected $14–$23 billion in economic activity and nearly $1 billion in additional tax revenue. Mayor Zohran Mamdani has endorsed a $30 New York City minimum by 2030.
Read at Brooklyn Eagle
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