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  • B2B CFO

    The Minimum Wage Debate is Heating Up in a City Near You. Here's how an Increase Could Affect You- Bob Boulanger B2B CFO® Dallas / Fort Worth, TX - Providing CFO Services in the Dallas / Fort Worth Metro area.

  • FLP Business, Science & Industry

    INFOGRAPHIC: Should Small Business Owners Have Maximum Rage on Minimum Wage? | NFIB

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Citizen Tax Burden vs. Corporate Tax Payout - Some Perspective

15 dollar minimum wage. When you pay local workers more, they spend more locally. When corporations don't pay the workers that profit is sent to the Cayman Islands to avoid taxes. We recently coauthored at report Los Angeles Rising: A City That Works for Everyone with the UCLA Labor Center and Institute for Research on Labor and Employment which looked at the consequences, both intended and unintended, of such a lift. We found that a phased-in increase to $15.25 by 2019 will put $5.9 billion more into the pockets of 723,000 working people, which will generate $6.4 billion in increased sales. That means that every dollar increase in the minimum wage generates $1.12 in economic stimulus. Businesses will hire more in response to the greater demand, creating 46,400 new jobs.

There will always be situations where you need to present stories, concepts and/or data to your clients, bosses, colleagues or even broader audiences. What's the best way to do it? It is debatable, but infographics and data visualisation definitely ranks up there at the top.