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Business Tax VOX

  • What happens to taxes and transfers when states raise the minimum wage?

    In November, voters will consider ballot initiatives to raise the minimum wage in eight states, following the decision by the California legislature to phase in its own version. We used the Urban Institute’s Net Income Change Calculator (NICC) to get a sense of how these wage changes would affect the bottom line for a sample family.

May 26, 2016

Photos of the day 05/26

The Queen stands in an open top Range Rover as she inspects weapons of the Royal artillery during a visit to the artillery's Larkhill camp on Salisbury plain to take part in the Artillery's 300th anniversary celebrations, near Salisbury, Britain on Thursday.

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