> My policy preference would be a law that creating a universal wage subsidy of $7.75 an hour, thus guarantees every worker a total wage of at least $15 an hour.
I really like this idea. Lately I've been thinking about minimum wage laws (SF, $15/hr min wage, etc) and something about it rubs me the wrong way. It feels like minimum wage laws are a convenient way for governments to take all the credit for improving the lot of the poor, while making others (companies) pay for it. It also feels like it disproportionately impacts small business owners, who are already stretched pretty thin.
Implementing a minimum wage like that, where part of the burden is on the government, and comes out of tax revenues (which can be collected in a more progressive fashion) really appeals to me
I really like this idea. Lately I've been thinking about minimum wage laws (SF, $15/hr min wage, etc) and something about it rubs me the wrong way. It feels like minimum wage laws are a convenient way for governments to take all the credit for improving the lot of the poor, while making others (companies) pay for it. It also feels like it disproportionately impacts small business owners, who are already stretched pretty thin.
Implementing a minimum wage like that, where part of the burden is on the government, and comes out of tax revenues (which can be collected in a more progressive fashion) really appeals to me