I could get behind that with a carveout for inexperienced folks and qualified businesses which essentially are very small businesses that are provably low profi

I could get behind that with a carveout for inexperienced folks and qualified businesses which essentially are very small businesses that are provably low profit (ie the owners/share holders are not seeing massive return). Really roughly the idea being: Minimum wage is now = ((Median 1bed room monthly Rent in zipcode)*.3333) / 160 and will be updated annually. (.3333 of income must pay for a 1 bedroom house) If you're under 18 and have less than 1 year's experience you can accept earning 50% of minimum wage to get the experience. If your business has less than $500k of revenue, and no one is paid more than 2x anyone else. Then you can pay as low as 50% of minimum wage. I'm curious to hear from others how such a system would break?