• sugar_in_your_tea@sh.itjust.works
    link
    fedilink
    arrow-up
    3
    ·
    6 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.