I think the right approach is a negative income tax, not a minimum wage. Let employers pay no more than they find appropriate, then have taxes (which include ta

I think the right approach is a negative income tax, not a minimum wage. Let employers pay no more than they find appropriate, then have taxes (which include taxes on that employer) make up the rest, bringing a household's income up to appropriate levels. (This sort of subsidy would have to be on a basis more frequent than "once a year," of course.)