It's a subsidy to people, but it's the indirect subsidy to companies by allowing them to lean on people being underpaid and have society pick up the bill that i

It's a subsidy to people, but it's the indirect subsidy to companies by allowing them to lean on people being underpaid and have society pick up the bill that is a problem. You can "fix" that problem by eliminating welfare, or by ensuring companies pay enough. Since most of us don't want people to starve, either we're stuck with the problem, where we're distorting the market in a way that incentivizes behavior that harms society, or we level the playing field by ensuring companies pay enough.