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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

Gregory Avis
Investor
Palo Alto, CA

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

Marc Baum
Investor
New York, NY

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

Bernard Bergreen
Business Owner
New York, NY

Kathie Berlin
Consultant
New York, NY

Loren Blackford
Treasurer, Sierra Club
New York, NY

Jeff Bleich
Partner, Munger, Tolles & Olson LLP
Los Angeles, CA

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

Denise Bowyer
Vice President, American Income Life Insurance
North Beach, MD

Brady Brim-DeForest
Investor
Santa Monica, CA

Jacob Buchdahl
Partner, Susman Godfrey LLP
New York, NY

Mark Buell
Investor
San Francisco, CA

Susie Tompkins Buell
Co-founder, ESPRIT
San Francisco, 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

Marta Drury
Investor
Bay Area, CA

Paul Egerman
Retired Businessman
Boston, MA

Antonio Elmaleh
Owner, 21Cent Directions
Princeton, NJ

Marcia Elston
President and CEO, Samara Botane/Nature Intelligence
Seattle, WA

Andrew Faulk and Frank Jernigan
Investors
San Francisco, CA

Jerry Fiddler
Investor
Berkeley, CA

Chris Findlater
Adventure Capitalist
Miami Beach, FL

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

Judith Gibbons
Investor
Setauket, NY

Steven Gluckstern
Chairman and CEO, Rio Grande Neurosciences
San Francisco, CA

David Goldschmidt
Investor
Oakland, CA

Linda Gottlieb
Film Producer
New York, NY

Richard Graves
Co-founder & VP, Electrical Electric
Washington, DC

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

Lawrence Hess
President, Lehbros Limited, LLC
San Diego, CA

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

Robert Johnson
Senior Fellow, Roosevelt Institute
New York, NY

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

Joey Kaempfer
Investor
McLean, VA

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

John Kortenhaus
Investor
Dallas/Ft. Worth, TX

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

Richard Mader
Partner, Mader News, Inc.
Los Angeles, CA

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

David Mitnick
President, DomainSkate.com
New York, NY

Ken Morris
Author
San Francisco, CA

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

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

John Neubauer
President, Jan Appraisals, LLC.
Yakima, WA

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

Marian Penn
Investors
Carmel, CA

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

Stephen Prince
CEO, National Business Products
Nolensville, TN

Michael Quimby
Senior Vice President of Sales, PHH Arval
Miami, FL

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

Marsha Rosenbaum
Director Emerita, Drug Policy Alliance
San Francisco, CA

Janet T. Roth
Investor
Oakland, CA

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

Kathy Rotondaro
Board of Directors, Quadel Corp
Washington, DC

Fred Rotondaro
Investor
Washington, DC

James Rucker
Investor
San Francisco, CA

Paul Rudd
Owner, Adaptive Analytics
New York, NY

Alberto Saavedra
COO, Earth Accounting
Sherman Oaks, CA

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

Guy Saperstein
Investor
Piedmont, CA

Eric J. Schoenberg
Chairman, CampusWorks, Inc.
Franklin Lakes, NJ

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

Rev. Dr. Robert Seymour
Founder, Robert & Pearl Seymour Center
Chapel Hill, NC

Alice Sheerr
Micro Memory Bank
Ambler, PA

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

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

Jennifer Smith
President and CEO, Screaming Baby Foods, Inc.
Chicago, IL

Jeff Smulyan
Chairman and CEO, Emmis Communications
Indianapolis, IN

Bill Soskin
Investor
Carmel, CA

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

Gene Stone
Investor
Carlsbad, 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

Dale Walker
Vice Chairman, Co-Chair of Finance and Investment Committee, Pacific Vision Foundation
San Francisco, CA

Kevin Wall
Founder and CEO, Control Room
Beverly Hills, CA

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

Chela Wallace
Owner, TechScribe, Inc.
Beaverton, OR

Ross Waller
Former Director, Bridgewater Associates
Lexington, VA

David Watson
Investor
Oakland, CA

Peter Weinberger
Programmer, Google
New York, NY

Marc Weiss
Executive Producer, Web Lab
New York, NY

Steve Westly
Founder, The Westly Group
Menlo Park, CA

Mark Whisler
Owner, The Whisler Companies
Sacramento, CA

Amy Ziering
Chain Camera Pictures
Los Angeles, CA

George Zimmer
Founder, Men’s Wearhouse
Piedmont, CA

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