This article appeared online at TheNewAmerican.com on Thursday, August 4, 2016:
If more proof were needed that raising the minimum wage would increase unemployment among lesser-skilled workers, the Heritage Foundation’s latest study provides it.
For one thing, the push for a national minimum wage of $15 an hour would actually cost employers $18.61 an hour, thanks to payroll taxes, unemployment insurance and ObamaCare taxes. The proposed increase, if passed into law, would, according to Heritage, impact one-third of all American workers, and hurt the most those working in lower-cost states.
The math is simple, and deadly.