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If the federal minimum wage is raised, where will the companies get the money from?
(like non profit companies)
7 Answers
- 2 months agoFavorite Answer
Their cash flow - - if they can't afford it they're in serious trouble
- PeteLv 52 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?
- Anonymous2 months ago
from you
- DanLv 62 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.
- ANDRE LLv 72 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.
- ndmagicmanLv 72 months ago
For non-profits the same place they get it from now, through donations and fund raisers.