Trippah wrote on 01/28/17 at 19:51:17:Rawdawg, yes everyone pays if you increase the minimum wage, but (and it is the big but) at least it is going to working people who are being productive and will, if they ever make enough to live on, will reduce the tax money spent on welfare and the EIC. Isn't that what you want,, everyone to be working rather than collecting on the dole?
Yes, of course, but the cost will be passed on, cost is always passed on to the consumer, even if that consumer is STILL making minimum wage.....
However, it could bring them into a new tax burden if the IRS doesn't raise their thresholds too.