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Minimum wage costs are mostly passed on as increased prices paid by the middle class. The profits to the .01% class are barely affected.
by guelo 9y ago
Minimum wage costs are mostly passed on as increased prices paid by the middle class. The profits to the .01% class are barely affected.
- AlexandrB 9y agoThis is entirely a consequence of economic policy set the by the US government. Not some immutable property of our world. As such it can be changed through, for example, a more progressive tax policy.