• sugar_in_your_tea@sh.itjust.works
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      8 months ago

      It isn’t enough in some areas, and arguably too much in others. There’s just too much diversity to have a reasonable minimum wage.

      I say:

      • abolish the minimum wage
      • require tips to not be considered compensation at the employer level (employee reports, employer isn’t aware)
      • create a Negative Income Tax or Universal Basic Income that varies by region based on local standards of living (my preference is to convert Social Security into such a system)
      • bust up monopolies that kill small businesses

      Crappy wages are a symptom that can’t really be solved by increasing a minimum wage.