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the minimum wage was pushed by three factions each had their distinct purpose although there was quite a bit of overlap among them the first faction consisted of progressives who believed that a minimum wage would raise the living standards of the poorest americans this group was the most economically naive
Note :The cash wage or basic or direct wage rate is the minimum required employer contribution towards your hourly minimum wage. The maximum tip credit is the amount of tips you will need on top of your cash wage to make a full minimum wage per hour. If you do not receive sufficient tips in your workweek to achieve the minimum wage for all hours worked that week, your employer must make up the difference.