$15/hr minimum wage

[*bfine32*]

(08-07-2018, 08:55 PM)Belsnickel Wrote: Agreed. However, if the stratification becomes such that it is highly improbable that a higher strata is attainable then the motivation disappears. Instead, discontent leads to revolutionary zeal. This is what has happened countless times throughout history and is starting to happen now. Making policy changes to create a sort of pressure valve is the only way to prevent things from getting too dire.

I would agree with anyone that increasing the minimum wage in broad strokes is going to be ineffective and only a surface level fix (if one could call it that), but we need policy solutions sooner rather than later.

Unfortunately, the only way I can see this happening is for the government to augment wages. You force the business owner to pay more he/she is going to raise prices. You tax the business owner more he/she is just going to raise prices. 

I suppose there could be tax incentives based on how much above minimum wage your employees make or number of employees per profit margin. I'm just one that believe the free market will bare out.