To the point that my idea that the personal allowance for income tax should be set, by law, at the full year full time minimum wage earnings will be in the manifestos of at least two political parties (likely, those who will come third and fourth, but you cannot have everything) at the next general election.
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Social Security considers all your covered earnings from age 16 on and indexes, based on historic wage growth, all earnings through the year you are age 60.
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In America, the minimum wage for adult workers was 39% of median earnings in 1997, but the special low minimum wage for workers aged under 20 was equivalent to 53% of mean youth earnings.
Since the adjustment of the covered earnings ceiling depends on nominal wage growth, if inflation takes off or if real wages grow even more rapidly, the covered earnings ceiling will grow at an even faster pace.
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This refundable tax credit, which in effect tops up the earnings of low-wage workers, is already America's single biggest anti-poverty programme.
France's main minimum wage is 59% of median earnings, but the minimum for 18-year olds is equal to 72% of mean youth earnings.
Median usual weekly earnings of full-time wage and salary workers are up 0.3 percent from 2011-Q2 to 2012-Q2.
To find out, Forbes analyzed the median weekly earnings of full-time wage and salary workers in 2012, detailed by occupation and gender and tracked by the U.S. Bureau of Labor Statistics (BLS).
But the deal, in very Brazilian fashion, allowed working civil servants to draw a pension of up to the same value as the proposed maximum wage, in effect doubling their maximum earnings.
Consumer spending also remains under pressure, due in part to the fall in real-term earnings over the last year as wage increases stagnate and prices continue to rise.
Perhaps a bit of each of these elements helps to answer this quandary, but there is one overriding factor to the corporate earnings momentum: the lack of wage pressures on businesses.
And the fact that his nominal (face value) covered earnings is being compared with my earnings up through 60, albeit indexed by wage growth through age 60, means that I and everyone else in my boat that earns above the ceiling can benefit, potentially big time, from working very late in life.
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Few locals, whose earnings are about 75% of the national average wage, can afford these sorts of prices.
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Above a minimum amount of wage income seniors lost 50 cents of benefits for every dollar of earnings.
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When women first start working, the wage gap is usually small, and some groups of women have earnings on par with men.
For many married couples, that 50% spousal benefit is often much higher than what the lower-wage-earning spouse could collect based on his or her own earnings record.
Furthermore, average hourly earnings rose by .3% during the month, as wage inflation has been lacking for quite some time and has severely lagged a rebound in corporate profits.
Literature suggests that the wage gap between genders is still alive and well, with the annual earnings of women only reaching about 77% that of men on average, even as women take less time off after having children.
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Since the minimum wage has the largest impact on the least-skilled workers who have few alternatives, their lifetime earnings will be adversely affected by delaying entry into the work force and losing valuable job experience.
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