That seems more sane and seems to ensure less inequality. E.g. a rising tide lifts all boats. I think that would be something like 24000 a year based on 2019: https://www.thestreet.com/personal-finance/average-income-in... Current federal minimum is about $15,000 a year for 40 hours a week.

However, I doubt the politicians will do it as it's harder to explain.