If this plan that you have for raising the minimum wage, if, just give me that, if it, because of the increased costs of the wages and on the payroll and the taxes that comes, if this causes a taco to go from 89 to 90 cents, 1 penny, proportionately who suffers the most? What I am saying to you all is that we have increased costs and inflation because of this, because all of the elements come into an operation, the delivery costs, the costs of the goods that come in are increased, everything is increased. It is an incremental thing. It comes up. The harshest thing you all are doing when you do this is penalizing disproportionately the lower people on the rung of the economic scale because they have to go. If that is the case, how do you answer the question that inflation is going to hurt those people? When you say you are going to help them and you use them, in my opinion, to try to increase taxes and try to balloon the size of Government, you use that argument, they, in fact, will be suffering the most by inflation.
Jay Dickey: “If this plan that you have for raising the minimum wage, if, just give me that, if it, because of the increased costs of…”
Editor's note · Context
Discussing the impact of raising the minimum wage on inflation and low-income individuals.
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