State Minimum Wages Mostly Track Cost of Living
Calls to raise the federal minimum wage often overlook the fact that more than half the states have minimum wages that are higher than the federal rate. A few states are on track to raise their rates to $15 per hour.
If Every State Taxed Marijuana
Imagine if states had an extra $7.1 billion per year to spend on public goods and services. That’s the amount of new revenue the Tax Foundation estimates states would collect with a 20% sales tax levied on the retail sale of marijuana.