Made me think: if we cut corporate taxes, raised the minimum wage, and reduced means-tested welfare, where would we end up? Same position but with less bureaucr

Made me think: if we cut corporate taxes, raised the minimum wage, and reduced means-tested welfare, where would we end up? Same position but with less bureaucracy? Something tells me that the welfare safety net has more societal benefits than a wage floor, but right now we don't really have a respectable form of either compared to 20 years ago.