> barely disguised corporate graft on top of a historic shifting of the tax burden away from the wealthy How does the minimum wage affect taxation on the wealt

> barely disguised corporate graft on top of a historic shifting of the tax burden away from the wealthy How does the minimum wage affect taxation on the wealthy? Corporate taxes, high or low, are paid by the consumers, no matter whether what the cost of that taxation is. > combined with actual market forces that are concentrating wealth If the paper is correct, and the minimum wage doesn't affect employment, then by proxy, one has to argue that it doesn't affect profitability. If it doesn't affect profitability, then it doesn't help or hinder wealth concentration. Further, it's worth pointing out that income !== wealth, and while a $1-5 bump in the minimum wage might help the lower income people accrue wealth, it doesn't meaningfully impact the wealth gap -- though it may be more likely to address the lower class having zero or negative wealth, but if the assertion is that more money paid to the minimum wage-class increases velocity in the market (read: it gets spent, not saved) then probably not.