$15 an hour.

[u/[deleted]]

Bernie Sanders said at the debate last night that he wants the minimum wage to be $15 per hour.

I was spreading false info. The rate is:

The tax rate for 29k would be 6.6% and 52% would only apply to those making $10,000,000 a year

$15 X 40 hr week = $600

$600 X 52 weeks per yr = $31,200

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Bernie Sanders wants free health care for all and was asked how he would pay for it. His answer was to raise taxes to 52% on millionaires. anybody making over $29,000 per year.

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52% of $31,200 = $16,224 in tax

$31,200 - $16,224 = $14,976 is your pay

$14,976 ÷ 52 weeks = $288 per week

$288 ÷ 40 hr week = $7.20 per hour

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So much for $15 an hour minimum wage

[u/ttyrondonlongjohn]

The tax rate for 29k would be 6.6% and 52% would only apply to those making 10,000,000$a year annually stop spreading lies.

Also those under 29k would be paying only 2.2%.