>Minimum wage also means, net expenses to produce things also goes up. Transferring the burden of paying the minimum wages to consumers Nope. Shareholders. Min

>Minimum wage also means, net expenses to produce things also goes up. Transferring the burden of paying the minimum wages to consumers Nope. Shareholders. Minimum wage hikes eat into profits before affecting prices or employment. This is why businesses hate them with such a seething passion. To look at a more concrete example, compare the minimum wage in Australia vs. the US and the cost of big mac in both countries.