Right now in 2021 minimum wage is being debated amongst many people. Many say that the minimum wage should not be changed because it will cause a lot of jobs to be lost and also lots of inflation, causing money to lose its value. It would cause more items and services to be more expensive than they were before. But others say that the lower class should be able to make enough just to survive and make ends meet without being forced to work hours on end. To put into consideration lots of the lower class have children, in many cases multiple. Often not only is the lower class working for themselves but they are also working for their families and some of them may be single parents and can’t receive help from anyone else.

The current minimum wage in New Jersey today is 11 dollars per hour, which so happens to be $3.25 more than federal wage which adds up to $7.25 per hour, Which is insanely low when it comes to the cost of basic needs, rent and bills. With all these adding up together it can be really hard to pay them all off with just 7.25$ per hour.

These people deserve to be able to make enough to live comfortably and make enough to feed the rest of their families along with themselves,  especially if you consider the cost of college and schooling in general, lots of people that are unable to afford it as is, but being in the lower class can put you in extreme debt that becomes really difficult to pay for.

I also feel that prices would not have to be raised if the government simply taxed the 4% of the U.S. There are plenty of millionaires that are not being taxed an appropriate amount and are thriving off of the struggling of the lower and middle class. They have more money than they know what to do with, and receive so much more than they could possibly ever need. I am not saying that they should be taxed a very heavy amount to the point of becoming broke, but they should be taxed enough so the lower class could receive more money, without inflation or industries losing money.