this post was submitted on 28 Jun 2023
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What does that have to do with anything? Minimum wage increases tends to lead to people having more disposable income... which leads to companies and the like charging more for services because the market can now bare it.
What does corporate finances have to do with a person making their low wages + tips vs just an up front higher wage to get to a higher minimum wage?
Because raising minimum wage causes inflation because companies have more overhead
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