# minimum wage increase **URL:** \ **Category:** Shift518 Off Topic\ **Created:** [December 12, 2012, 7:55am UTC](https://forums.speedlife.net/t/minimum-wage-increase/265730 "2012-12-12T07:55:39Z")\ **Posts on this page:** 1\ **Showing post:** 11
**Author:** ![KrazyKid](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/krazykid/32/6371_2.png) [@KrazyKid](https://forums.speedlife.net/u/KrazyKid)\ **Post date:** [December 12, 2012, 12:00pm UTC](https://forums.speedlife.net/t/minimum-wage-increase/265730/11 "2012-12-12T12:00:05Z")
> [@music management](https://forums.speedlife.net/t/music-management/51252/4): > > i waited tables and did valet parking all through college. i RARELY ever had a shift under $150 cash, i guess it all depends where you work. i worked in a pretty decent restaurant (not a chain) and did valet parking at some very upscale places > > as for my point…you don’t pay taxes on any of the cash tips you’re getting, nobody claims them > > EDIT: i really don’t care for an increase one way or the other. i think it would be impossibly to try to live off minimage wage in either case, and extra $1.25 an hour doesn’t add up to much after 40 hours ($50 a week), i bet it’s still behind inflation/gas prices 40hrs a week per year : $2600 - %30 tax ($780) = $1820 a year. $151 a mo more. So it might help a responsible person try to make a college loan payment, or pay off some cc debit. But most people piss it away as soon as they get it so, yea. but alot of people on minimum wage try to work more hours to make a bit more money. so lets say they pick up an extra 10 hrs a week. 50 hrs : $3250 a year. -$975 for taxes $2275 a year net, so +$189 a month. Pennies make dollars. But only in the hands of financially responsible people. 🙂 --- _[View the full topic](https://forums.speedlife.net/t/minimum-wage-increase/265730)._