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Opinion: Lawmakers should tie minimum wage to the Consumer Price Index to help narrow the income gap

March 6, 2023

Indexing the minimum wage to the Consumer Price Index is an essential component of The Fair Wage Act. The Act, which fulfills Governor Moore’s promise to accelerate the implementation of the state’s $15-an-hour minimum wage, will provide low-wage workers with a much-needed boost in income and will help to narrow the income gap. Without indexing, the minimum wage would be subject to the same challenges that have plagued it for years.

 

Article Source: Maryland Matters

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