Negotiations have begun on the minimum wage and guaranteed minimum wage for 2027. Although the parties have not yet made their bets, the direction is clear. Next year, the government will reduce the personal income tax, by a maximum of 6 percentage points above the minimum wage, in return for which the gross minimum wage will increase by well under 10 percent, and the guaranteed minimum wage will increase by an even smaller amount. In the follow…
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Negotiations have begun on the minimum wage and guaranteed minimum wage for 2027. Although the parties have not yet made their bets, the direction is clear. Next year, the government will reduce the personal income tax, by a maximum of 6 percentage points above the minimum wage, in return for which the gross minimum wage will increase by well under 10 percent, and the guaranteed minimum wage will increase by an even smaller amount. In the follow…