For Immediate Release
Sam Quigley, firstname.lastname@example.org, 202-446-0489
Patriotic Millionaires on the $15 Minimum Wage in NJ: “A Win for Working Families”
“Now, full-time workers can provide for themselves and their families while living in dignity.”
Trenton, NJ - Today, Governor Phil Murphy signed into law a bill that would raise the state minimum wage to $15 an hour by 2024, making New Jersey the fourth state to commit to significant minimum wage increases. In response, Morris Pearl, Chair of the Patriotic Millionaires and former managing director at BlackRock, Inc., issued the following statement:
At the end of the day, legislation has to work for more constituents, not less. A $15 an hour minimum wage in the Garden State does just that."
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Proud “traitors to their class,” members of the Patriotic Millionaires are high-net worth Americans, business leaders, and investors who are united in their concern about the destabilizing concentration of wealth and power in America. The mission of The Patriotic Millionaires organization is to build a more stable, prosperous, and inclusive nation by promoting public policies based on the “first principles” of equal political representation, a guaranteed living wage for all working citizens, and a fair tax system.