Via Americans Against The Tea Party:
On Wednesday, clothing retailer Gap, Inc. announced that it will raise its hourly minimum wage to $10, a change that will affect 65,000 employees in the United States. The announcement comes just one day after the Congressional Budget Office released an analysis arguing that raising the minimum wage could reduce total employment by about 500,000 workers.
Current GAP employees earning the minimum wage will seen an increase to $9.00 in June of 2014 and then to $10 in June of 2015. GAP also owns Banana Republic, Intermix, Old Navy, Athleta, and Piperlime, and currently operates in over 50 count...
