Comment on Minimum Wage Isn't Living Wage
TheStaffmaster@lemmy.world 2 weeks agoRaises in minimum wage don’t come from nowhere. So the boss increases prices to cover it. Cost of living thus increases, so we ask for a rise in the minimum wage.
How about we set a MAXIMUM wage, then set it to be no higher than 3-5% more than the lowest paid employee in the company? The extra money left can be paid out as dividends to investors and/or taxed by the government.
THAT’S HOW YOU SOLVE A PROBLEM: BE EFFECTIVE, NOT EFFUSIVE.