Imagine trying to live on $7.25 an hour. Even if you managed to work full eight-hour days, you’d be making only about $58 a day, $290 a week, or a measly $15,000 a year at most. And out of that would come taxes and other deductions. According to the standards of the federal government, you’d be living in poverty. Yet $7.25 an hour is the federal minimum wage set by Congress. State legislatures can and do set state minimums higher than the federal rate, but never lower, much as some would like to.
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