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Cuban’s $20 Hour Proposal | Durham News
For 17 years, the federal minimum wage has frozen at $7.25—an amount that barely covers basic living costs. Billionaire Mark Cuban argues it’s time to raise it to $20/hour, pointing out that profitable companies often pay so little their workers rely on government aid, a cost ultimately borne by taxpayers. Cuban, known for his “trickle up” economics, believes paying workers fairly boosts the entire economy. He’s even proposed tying CEO stock options to employee pay, ensuring shared success. With 40 million Americans on food stamps and one in four households living paycheck to paycheck…
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