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meJess · F
Paying a higher minimum wage unfortunately impacts product and service cost thus raising prices. This in turn leaves people who thought they had more money in the same position as before.
Redistribution of wealth by a percentage based tax regime in concert with social support for low incomes attempts to address this.
Scholarships and other educational support also attempt to lift new generations beyond minimum wage jobs.
It’s not perfect but alternatives also have negative impacts.
Redistribution of wealth by a percentage based tax regime in concert with social support for low incomes attempts to address this.
Scholarships and other educational support also attempt to lift new generations beyond minimum wage jobs.
It’s not perfect but alternatives also have negative impacts.