Backers of minimum wage hike to submit signatures

Supporters of an effort to raise the state's minimum wage plan to turn in signatures with hopes of getting the issue on the August ballot.

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by Associated Press

JUNEAU- Supporters of an effort to raise the state's minimum wage plan to turn in signatures with hopes of getting the issue on the August ballot.

The ballot group Alaskans for a Fair Minimum Wage, in a release, said it planned to submit more than 43,000 signatures to Division of Elections in Anchorage on Friday.
Just over 30,000 qualified signatures are needed.
The current minimum wage is $7.75 an hour in Alaska. The proposal would raise that to $8.75 on Jan. 1, 2015, and to $9.75 a year later. The wage would be adjusted annually for inflation annually after that. If the resulting minimum wage is less than a dollar over the federal minimum wage, it would then be set at $1 an hour over the federal minimum wage.

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Dan said on Friday, Jan 17 at 4:20 PM

The minimum wage is there for a reason. Who is going to go buy fast food served by hygienically incorrect teens for the same price as you could cook yourself steak & lobster. Like unions it is an inflationary act that our economy really can't afford since we are in the midst of the Obama reign of economic despair aided by the likes of Mark Begich & Lisa Murkowski who feel comfortable marching an overtaxed underemployed America into oblivion.

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