Re: Short response to Mr. Sastri

["Manoj Padki" <mpadki@tiac.net>]

The point is that you are making individual business owners (often small &
marginal businesses) pay someone more than the employee "earns". This has
the effect of pushing marginal businesses over the edge, which is not a
good
policy. IMO the best way of achieving your goal is the Earned Income Tax
Credit, where people making under a certain limit pay a "negative" income
tax (i.e. get money back). This has the effect of spreading the cost of
your
"social" goal over the whole of society (where it properly belongs).

>I
>doubt that it
>will lead to that state's financial collapse as the opponents of a fair
>minimum
>wage
>seem to imply.
>
>-Charu


- manoj



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