Fair Wages: Fair or Not?

By: Amare'on

Introduction!

The Social Justice topic that I chose was Fair Wages. I chose this topic because I thought it would be hard to do and I wanted a challenge. Also, I see a lot of homeless people on the streets of Houston on my way to and from school. I believe that this may have to do with minimum wage being so low and the amount not being enough money to support themselves, let alone a family.

Just A Quick Dictionary!

  • Annual Taxes-Taxes paid once every year
  • Average-Of the usual or ordinary standard, level, or quantity
  • Barely-Only just; almost not
  • Credit-Publicly acknowledge someone as a participant in the production of (something published or broadcast)
  • Example-Be illustrated or exemplified
  • Income Taxes-Tax levied by a government directly on income, especially an annual tax on personal income
  • Living Wage-A wage that is high enough to maintain a normal standard of living
  • Minimum Wage-The lowest wage permitted by law or by a special agreement (such as one with a labor union)
  • Poverty Wage-Alevel of personal or family income below which one is classified as poor according to governmental standard
  • Social Justice- Justice in terms of the distribution of wealth, opportunities, and privileges within a society

Living, Poverty,  and Minimum Wages


Living Wage!

(Living Wage-A wage that is high enough to maintain a normal standard of living)

For two adults and two children, the average cost of living before Income Taxes is $38,897.

If someone receives a Living Wage, they would earn $35,904 with one person working. With two people working, they would earn...$71,808. So, with that they can afford more with two people earning a Living Wage! In other words, they will make higher than the minimum amount of money needed to live comfortably and support a good life, with a family of two adults and two children. (Keep in mind, annual income taxes are around $4,181).

For example, Jackson has a household of four people, which consists of himself, his wife Zoey, and their two children, Jacob and Mia.  At first, Jackson was the only person working in the household and he was on a Living Wage. He was making $18.70 a hour, which is $748 a week, $2,992 a month, and $35,904 a year. This may seem like a decent wage, however, when you add income taxes, Jackson would have to make a total of $38,897 to survive, which is clearly above what he is currently making.  He would not have enough money unless his wife gets at least a minimum wage job.

The Math Side of Things!

For two adults and two children...

With one person working on a Living Wage, they would make $18.70 per hour multiplied by 40 hours of work per week. This is because on Average, a person works 5 days a week, and about 8 hours a day. $18.70 x 40 = $748. Next, you multiply that product by 4, because on Average there are about 4 weeks in a month. That makes $2,992. Next, multiply 12  because there is 12 months in one year.That equals $35,904, with one person working on a Living Wage. That's not enough money if you have to pay Income Taxes, or if only one person is working. This includes if your are working on a Living Wage.

Poverty Wage

(Poverty Wage-A level of personal or family income below which one is classified as poor according to governmental standard)

For two adults and two children, the average cost of living before Income Taxes is $38,897.

With the Poverty Wage, you make $10.60 an hour. $10.60 x 40 hours a week ($424). $424 multiplied by 4 weeks in a month ($1696), then multiply that by 12 months in a year ($20,352). Is this enough money with four people living under one roof? The answer is no, because you need $38,897 to live per year. If two people work on at least a Poverty Wage, they will be making enough to maintain a living with two adults and two children in the household.

As stated in the last paragraph, the family members are: His wife Zoey and their two children, Mia and Jacob. Jackson was working on the Poverty Wage and he wasn't earning enough money for his family to make ends meet. He would need his wife working on at least the Poverty Wage or his family would be in debt. Some other effects might be needing support from others such as the government, friends, or relatives.This is because of the fact that $20,352 isn't greater than $38,897. Let's say that you add the yearly income of a Minimum Wage ($13,920).That still isn't enough money($37,272)! So, you would need at least Poverty Wage to Barely make it by, because you need $38,897 and you only make $40,704.That's enough money, but only by about $2,000!

Minimum Wage

(Minimum Wage-The lowest wage permitted by law or by a special agreement (such as one with a labor union)

For two adults and two children, the average cost of living before Income Taxes is $38,897.

Working on a Minimum Wage with one person will earn you $13,920 that's not enough money for two adults and two children.Now let's try if you add another Minimum Wage to that total ($27,840) that still isn't enough money to maintain a living with two adults and two children.So next, lets see if adding a Poverty Wage would be enough money to make a living with two adults and two children ($34,272) again we see that that's still not enough money for two adults and two children.The last thing that I could add with two people working would be a Living Wage which is ($35,904) annually. If.If you add that to a Minimum Wage that would be a grand total of $49,806. So lastly you wouldn't make enough money unless one person is making a Living Wage and the other person is working on a Minimum Wage.

This Last 'Example' paragraph will still consist of Jackson,Zoey,Jacob, and Mia. Jackson was working on a Minimum Wage and he calculated the amount of money he would need and the amount of money he would make just by him making a Minimum Wage. While doing this he was going to need government help if his wife didn't work on a Living Wage. For the simple fact that $13,920,$27,840,$34,272, and $35,904 aren't greater than $38,897. On the flip side, $49,806 is greater than $38,897.

(For the record one person can't support themselves on a Minimum Wage because $13,920 isn't greater than $18,218)

My Conclusion

I think that the Minimum Wage should be increased to $10.50. This is because it would  be more maintainable than $7.25 an hour. I hope in this paper i stated why the poor is poor and the rich is rich.Also this is why the so called "Fair Wages" aren't so fair after all. Last because  of the fact of minimum Wage being so low this is why most people need support and help from the government such at food stamps and help from, friends and family.

Bibliography

These are my sources please give credit to www.easybib.com for the bibliography's!

  • "A History Of The Minimum Wage." YouTube. YouTube, n.d. Web. 05 May 2015.
  • Glasmeier, Dr,Amy K. "Living Wage Calculation for Texas." Living Wage Calculator. Massachusetts Institute of Technology, 2015. Web. 07 May 2015.
  • "Texas 2014 Report - Talk Poverty." Talk Poverty. Center for American Progress, 2009-2015. Web. 07 May 2015.
  • "The Truth about the Minimum Wage." YouTube. YouTube, 19 Nov. 2012. Web. 13 May 2015.

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2 years ago
0

can you stop insulting each other

2 years ago
0

its getting boring

2 years ago
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😴 😴 😴 😴 😴 😴 😴 😠 😴 😴 😴

2 years ago
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It is way to long but ok I guess

2 years ago
0

Thats TO long

2 years ago
0

IS a opinion of yours and at least it doesnt seem like i coped and pasted

2 years ago
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I didn't copy and paste

2 years ago
0

Alittle too short and it needs a bit more facts

2 years ago
0

good job.

2 years ago
0

Great Job on your research paper!