Income and Investments A Look at 30 Years of U.S. Minimum Wage [Interactive] Read the Article Open Share Drawer Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to print (Opens in new window) Print Written by Published Aug 31, 2012 - [Updated Jul 10, 2019] 1 min read Where did summer go? Labor Day is already here and for many hard working Americans, it’s a time to relax and celebrate our hard work for the year. It also marks the end of summer and is typically the time for students to get used to waking up before noon and head back-to-school. In honor of hard working Americans we thought we would take a look at how minimum wage rates have changed over 30 years. [kml_flashembed movie=”http://images.blog.turbotax.intuit.com/swf/Minimum-Wage-Timeline.swf” height=”580″ width=”580″]Please install the latest version of adobe flash[/kml_flashembed] [tt_share_code url=”http://images.blog.turbotax.intuit.com/swf/Minimum-Wage-Timeline.swf” width=”580″ height=”580″ title=”Minimum-Wage-Timeline” alt=”Minimum-Wage-Timeline”] You know your small business—we know business taxes. Our self-employed and business tax experts will ensure you get every tax break with 100% accuracy, guaranteed. Start for free 100% free to start. Pay only when you file. Previous Post Unclaimed Property and Cash? (How to Find Your Unclaimed Money) Next Post A Stream of Revenue: A Breakdown of Sources of Personal… Written by More from One response to “A Look at 30 Years of U.S. Minimum Wage [Interactive]” Needs context. What does $7 an hour mean in terms of yearly income? Has the minimum wage kept pace with inflation? Is this a living standard or is it poverty? Reply Leave a ReplyCancel reply Browse Related Articles Tax Help How to File a Business Tax Extension: Deadlines, Forms, and Penalties Tax Tips The White Lotus Tax Lessons: Navigating Gift Taxes, Lump Sum Payouts, Hush Money, and the IRS Tax Questions What Day Are Taxes Due? April 15! How to File for a Tax Extension or Pay Taxes Online Tax Questions What Happens If You File Your Taxes Wrong? Late Filing Penalties, Interest, and More Tax Questions What’s Tax Deductible? A Guide to Mortgage Interest, Long-Term Care, Funeral Expenses, Student Loans, and Roth IRA Contributions Tax Questions Is it Better to Get Your Taxes Done or Do Them Yourself? (And Other Tax Questions Answered) Tax Forms What is a 1099-K Form? How to Report Payments on Your Tax Return (2024) Tax Forms What is a 1099 Form? A Guide to Understanding Your Tax Obligations Income Tax by State Wisconsin State Income Tax in 2025: A Guide Income Tax by State West Virginia State Income Tax in 2025: A Guide
Needs context. What does $7 an hour mean in terms of yearly income? Has the minimum wage kept pace with inflation? Is this a living standard or is it poverty? Reply