eroakirkosta.fi

Saturday, December 02, 2006

"Do the math"

Reason:
Suppose you employ ten people, full time, at minimum wage. A two dollar increase will cost you about $40,000 a year. How would we react to a tax of the same size imposed on the same scrappy entrepreneurial grocer or clothing store owner?

Minimum wage - efficient at pricing people out of the job market.

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