Minimum Wage, not good enough?

Day 1,163, 09:44 • Published in Canada Canada • by Mann551


Minimum Wage should be higher than what it is right now, $1.20. My theory is that minimum wage should be at least $3.14, if income tax is 10%, or $2.99 if income tax is 5%.

I have my reasoning for this with an example as well. My reasoning is actually placed into my example. As well, the prices listed in this example are from 2 days ago.

Say you work in a Q1 work place at minimum wage, and you lose 1 health every day, and you also lose 1 health for training. your wage covers the cost for 1 food to replenish 2 health, and covers the costs, but you barely get anything to save with, if food prices are $0.95. But because you automatically lose 4 health a day, requiring 2 extra food a day. Bringing the total food to 3 a day and 3x0.95=2.85. This is the amount of money it costs to live everyday, therefore putting a minimum wage need to be at this point.

But wait, what about income tax?
With income tax at 10% or 5%, this brings the need for minimum wage to be at $3-$3.15 a day.
This is the minimum cost of living in Canada,

Current prices: food is at 0.68. So let's do some math
food prices x number of food needed = cost of living
$0.68x3😳2.04
if we take this and multiply 1.1 for 10% income tax, or multiply it by 1.05 for 5% income tax we get
$2.04x1.1😳2.24
$2.04x1.05😳2.14

minimum wage should be at least $2.24 currently

thanks for reading, please vote it up for the higher power of the government to see and maybe discuss in the forums.

Thank you