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? asked in Politics & GovernmentPolitics · 2 months ago

If the federal minimum wage is raised, where will the companies get the money from?

(like non profit companies)

7 Answers

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  • 2 months ago
    Favourite answer

    Their cash flow - - if they can't afford it they're in serious trouble

  • Pete
    Lv 5
    2 months ago

    In Ontario Canada the minimum wage is $14.25 an hour. In Alberta the minimum wage is $15 an hour. How can Canada do it and the USA can't?

  • Anonymous
    2 months ago

    from you                             

  • Dan
    Lv 6
    2 months ago

    Small businesses already have a hard time competing with giants like Amazon. A big minimum wage increase will be the nail in their coffin. I don't want Amazon to be the last company standing. We should support mom and pop stores. 

  • 2 months ago

    Who cares ? If a company cannot or will not pay a living wage, then basic capitalism says that it is a BADLY run company. And, it will be replaced by a BETTER run company that can make enough money to BOTH turn a profit AND pay decent wages.

    Why are you such a pervert that you would steal from the poor workers just to inflate a company's profits ? That's hugely immoral and stupid.

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  • 2 months ago

    The minimum wage should be around 20 bucks to account for inflation 

  • 2 months ago

    For non-profits the same place they get it from now, through donations and fund raisers.

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