Florida Governor runs ad bashing $15 minimum wage in California to lure businesses

The Florida governor is using California’s $15 minimum wage as an opportunity – to lure companies to the Sunshine State.

“Ready to leave California? Go to Florida instead – no state income tax, and Gov. Scott has cut regulations,” an ad running in Los Angeles and San Francisco stated.

The ad is part of a push from Governor Rick Scott to boost Florida’s economy, according to WWSB.

It’s also establishing the groundwork to oppose a similar $15 hourly minimum wage in Florida.

The median hourly wage in California is $19.15, according to the Bureau of Labor Statistics.. The minimum wage is $10, but will jump to $15 by 2022, thanks to recent legislation. That will pull the median-to-minimum ratio from 52 percent to 78 percent. The median wage tends to increase, however. Assuming the median wage increases by 2.67 percent, the average yearly growth between 2011 and 2015 according to data from California’s Employment Development Department, that ratio will be 66 percent by 2022.
 

 Read more at Red Alert Politics

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