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Reply to "Help me understand the impact of a $15 minimum wage? "
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[quote=Anonymous][quote]there are other ways of helping people start businesses other than setting a low minimum wage. what if the government gave free health insurance to everybody so small business owners didn't have to shoulder that expensive? What if the government had lower taxes for businesses that employed under 100 people? What if the government gave tax breaks to small business owners, like no sales tax, making them cheaper than big box stores? Why not envision a win-win for small businesses and for the workers?[/quote] Why not rely on capitalism? It works a lot better than what you are suggesting. Not perfect, but better than the alternative. Small businesses have had lower taxes the last few years, but it appears they will be rising. That is one reason why businesses and employment was doing so well until the pandemic. The health insurance is still a dilemma. But, health insurance has gone way up since the ACA. And, don't say Medicare For All. Most people would be surprised to know that Medicare is far from free--and the people receiving it have paid towards it for many, many years and most still pay premiums.[/quote]
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