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RAISE THE MINIMUM WAGE

Dear Mr. President and Honorable Members of the U.S. Senate and House of Representatives,

We are writing to ask you to advance growth, prosperity, and economic freedom by raising the minimum wage to at least $10.10 per hour and indexing it to inflation. We make this request as investors, business owners, and employers who are members of the so-called Top 1%. We make this request for the following reasons:

1. IT’S GOOD FOR AMERICAN BUSINESS. Workers with higher wages are consumers with greater disposable income. More customers with more money = higher profits for American businesses.

2. IT‘S GOOD FOR AMERICAN TAXPAYERS. Minimum wage earners don’t make enough to support their families and as a result many rely on government programs to make ends meet. A decent wage would increase the number of self-reliant Americans and decrease government expenditures.

3. IT’S GOOD FOR AMERICA’S GLOBAL LEADERSHIP. The U.S. is the richest country in the world but its minimum wage significantly trails that of other developed countries. In order to maintain its global leadership, the U.S. must ensure decent earnings for its working citizens.

Raise the minimum wage.

Thank you,

Agree? Sign Our Letter

Naomi Aberly
Investor
Dallas, TX

Michael Alexander
Founder, Student Financial Aid Services (FAFSA.com)
El Macero, CA

William Apfelbaum
Investor
Greenwich, CT

Gregory Avis
Investor
Palo Alto, CA

Nancy R. Bagley
Editor in Chief, Washington Life Magazine
Washington, DC

Dick Beattie
Senior Partner, Simpson, Thatcher and Bartlett, LLP
New York, NY

Paul Beirne
National Managing Director, AllianceBernstein
New York, NY

Lawrence Benenson
Executive Vice President, Benenson Capital Partners, LLC
New York, NY

Daniel Berger
Attorney and Partner, Berger & Montague P.C.
Philadelphia, PA

Erskine Bowles
Investor and Former White House Chief of Staff
Charlotte, NC

Brady Brim-DeForest
Investor
Santa Monica, CA

Ben Cohen
Co-Founder, Ben and Jerry’s Ice Cream
South Burlington, VT

Cynda Collins-Arsenault
Investor
Superior, CO

Thomas Congdon
Oil and Gas CEO, Retired
Denver, CO

Roy Crawford
Owner, R. R. Crawford Engineering, Inc
Whitesburg, KY

Roger E. Davidson
Chief Operating Officer, MaGi Foods LLC
Oakton, VA

Alan S. Davis
Director, The WhyNot Initiative
President, The Leonard and Sophie Davis Fund
San Francisco, CA

Quinn Delaney
President, Akonadi Foundation
Oakland, CA

Scott Delman
Blue Spruce Productions, LLC
New York, NY

David desJardins
Investor
Burlingame, CA

Antonio Elmaleh
Owner, 21Cent Directions
Princeton, NJ

Andrew Faulk and Frank Jernigan
Investors
San Francisco, CA

Jerry Fiddler
Investor
Berkeley, CA

Richard Foos
Founder and CEO, Shout! Factory
Los Angeles, CA

John B. Fullerton
Founder and President, Capital Institute
Rye, NY

Dr. Gail Furman
Investor
New York, NY

Ron Garret, PhD
Co-Founder, Spark Innovations, Inc
Emerald Hills, CA

David Goldschmidt
Investor
Oakland, CA

Linda Gottlieb
Film Producer
New York, NY

Jerry Greenfield
Co-founder, Ben & Jerry’s Ice Cream
South Burlington, VT

Garrett Gruener
Founder of Ask.com, Co-Founder of Alta Partners, and CEO of Nanomix
Oakland, CA

Jeff Gural
Chairman, Newmark Knight Frank
New York, NY

Arnold Hiatt
Chairman, The Stride Rite Corporation
Boston, MA

Leo Hindery, Jr.
Managing Partner, Intermedia Partners, LP
New York, NY

Melissa C. Johnsen
Investor
Denver, CO

Wayne D. Jordan
Jordan Real Estate Investments, LLC
Oakland, CA

Robert Steven Kaplan
Professor of Management Practice and Senior Associate Dean, Harvard Business School
Boston, MA

Rochelle Kaplan
Investor
Salt Lake City, UT

Woody Kaplan
Investor
Boston, MA

John Katzman
CEO, The Noodle Companies LLC
New York, NY

Wendy Kelman Neu
CEO, Hugo Neu Corp.
New York, NY

Michael Kieschnick
President and CEO, CREDO Mobile
San Francisco, CA

Dal LaMagna
CEO, IceStoneUSA.com
Brooklyn, NY

Suzanne Lerner
Co-founder, Michael Stars
Los Angeles, CA

Art Lipson
Managing Partner, Western Investment LLC
Salt Lake City, UT

Ryne D. Manahan
Partner – Vice President, PPO Check, Ltd.
Houston, TX

Win McCormack
Publisher, Tin House Magazine and President, Tin House Enterprises
Portland, OR

Robert McKay
McKay Investment Group
San Francisco, CA

Terence S. Meehan
Chairman and CEO, Azimuth Investment
New York, NY

Dennis Mehiel
Chairman and CEO, U.S. Corrugated, Inc.
White Plains, NY

Diane Meyer Simon
President Emeritus and Founder, Global Green USA
Santa Barbara, CA

David Mitnick
President, DomainSkate.com
New York, NY

Scott Nash
Founder and CEO, MOM’s Organic Market
Rockville, MD

Suzanne Nash
Attorney and Founder and CEO, MOM’s Organic Market
Rockville, MD

F. Chris Nelson
CEO, Oxford Consulting Group
Barrington, RI

Larry Nusbaum
Investor
Phoenix, AZ

Yolanda “Cookie” Parker
CEO, The Parker Group, LLC
Los Angeles, CA

Frank Patitucci
CEO, NuCompass Mobility
Pleasanton, CA

Alan Patricof
Managing Director, Greycroft LLC
New York, NY

Morris and Barbara Pearl
Investors
New York, NY

William and Marian Penn
Investors
Carmel, CA

Judy Pigott
Investor and founder, Personal Safety Nets
Seattle, WA

Stephen Prince
CEO, National Business Products
Nolensville, TN

Andy Rappaport
Investor
Menlo Park, CA

Tarrus Richardson
CEO, IMB Development Corp
New York, NY

Great Neck Richman
President, Richloom Fabrics
New York, NY

Jonathan F.P. Rose
President, Jonathan Rose Companies
New York, NY

Kathy Rotondaro
Board of Directors, Quadel Corp
Washington, DC

Fred Rotondaro
Investor
Washington, DC

Janet T. Roth
Investor
Oakland, CA

Steve Roth
Co-founder, Thunder Lizard Productions
Seattle, WA

James Rucker
Investor
San Francisco, CA

Paul Rudd
Owner, Adaptive Analytics
New York, NY

Michael Salako
President, Trevino Oil & Gas Inc.
Dallas, TX

Guy Saperstein
Investor
Piedmont, CA

Richard Schottenfeld
Founder and Chairman, Schottenfeld Group Holdings
New York, NY

Stephen M. Silberstein
Co-founder, Innovative Interfaces Inc.
Belvedere, CA

Jeff Smulyan
Chairman and CEO, Emmis Communications
Indianapolis, IN

Peter S. Stamos
Chairman and CEO, Stamos Capital Partners
Menlo Park, CA

Cathrine Steck
Investor
New York, NY

Rick Steves
Travel Writer, TV Host, and Tour Organizer
Edmonds, WA

John Stewart
Chairman, The John Stewart Company
San Francisco, CA

Sandor Straus
Investor
Lafayette, CA

Simon Strauss
Investor
New York, NY

Whitney Tilson
Founder and Managing Partner, Kase Capital
New York, NY

Andrew Tobias
Author, The Only Investment Guide You’ll Ever Need
New York, NY

Aimee B. Troyen
Investor
New York, NY

Ron Unz
Chairman, UNZ.org
Palo Alto, CA

Robert K. Utley III
Chairman of the Board, The Utley Group
Dallas, TX

Philippe Villers
Co-Founder, Families USA
Concord, MA

Scott and Christy Wallace
Co-Chair, Wallace Global Fund
Washington DC

Peter Weinberger
Programmer, Google
New York, NY

Amy Ziering
Chain Camera Pictures
Los Angeles, CA

Tal J. Zlotnitsky
Chairman and Co-CEO, iControl Universal Collaboration Solutions
Trinity, FL