Minimum wage should be enforced by implementing a tax that is relative to employee compensation. If you pay minimum wage, you pay maximum corporate tax (or a ne

Minimum wage should be enforced by implementing a tax that is relative to employee compensation. If you pay minimum wage, you pay maximum corporate tax (or a new tax), something like 49%. Every dollar/hr on average you raise reduces it by 5% until the min 5%. So, if avg compensation is +$8, tax is 9%. This assumes they will raise prices no matter what, the max tax can be lowered when they charge less. Basically force them to accept low profits or close down locations.