>If you give workers higher wages using the minimum wage most of the extra money they get comes from the place they work raising prices. Employers are bound by

>If you give workers higher wages using the minimum wage most of the extra money they get comes from the place they work raising prices. Employers are bound by the market when they set their prices and don't get to choose their price at random on a whim. >The money that goes into the EITC comes from income taxes and the top 10% of household pay more than half of the US income tax. Yes but for the most part those are just the middle class. The plutocrats pay fuck all in taxes. I do not want an MD with a networth of $10M (sweat of his own brow) subsidizing a Walton (who inherited his fortune). I want the Walton to pay the actual cost of running his goddamn shop. Also frankly, I think minimum wage is besides the point. What should come back are strong sector wide unions like the ones that still exist in Scandinavia. The unions will take care to setup their own sector wide minimum wage and will be far more flexible in responding to the market and also the cost of living than the government can ever be.