Adam Memon quoted in MoneyWeek article on increasing minimum wage.

CPS Head of Economics Adam Memon is quoted in MoneyWeek article on increasing the minimum wage.

To read the full article, visit the MoneyWeek website.

“Are there any alternatives to higher minimum wages?

One solution is to cut the taxes of lower-paid workers. Adam Memon of the Centre for Policy Studies thinks that “if low earners are taxed less, there will be less of a need to supplement post-tax incomes with in-work benefits and people who are out of work will have a stronger incentive to move into a job”.”

To read the full article, visit the MoneyWeek website.

Date Added: Friday 22nd May 2015