Warren Buffett: $15 Per Hour Minimum Wage

Posted on Mar 03, 2014

American icon and investor Warren Buffett discussed several steps that could be taken to reduce income inequality including raising the minimum wage to $15 per hour, a move he acknowledged would be counterproductive and cost too many jobs. Mr. Buffett did endorse raising the minimum wage to $10.10 per hour as suggested by President Obama. He also suggested expanding the Earned Income Tax Credit as perhaps a better way to increase the spending money available to low wage-earners.

Read about it: Buffett: I'd love to see minimum wage at $15 an hour

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