I love how people say cost of living wont go up with a higher minimum wage. 🙄 Look at the west coast states especially California where people (and companies) are flocking in record numbers to Texas ($7.25 an hour) because of the cost of living is so high there. I should know. I live here in Texas and see it every day. Minimum wage there is 12 an hour. People who say that cost of living wont go up with a higher minimum wage believe everything they hear or read on the internet, or they are too brainwashed by bought and paid for MSM. A lot of you who havent owned a business, do not understand how payroll taxs works for employers. Why? Because you dont educate yourselves how things work. Put simply, payroll taxes are taxes paid on the wages and salaries of employees. ... Half of payroll taxes (7.65 percent) are remitted directly by employers, while the other half (7.65 percent) are taken out of workers' paychecks. (Fact) What this means is, as an employer, you must also pay a matching amount of FICA taxes for your employees. ... You are required to withhold 6.2% of an employee's wages for social security taxes and to pay a matching amount in social security taxes until the employee reaches the wage base for the year. (Fact) Let's put it this way, a $15 an hour employee does not cost the business $15 an hour. The average cost for a $15 an hour employee is around $17- $18 an hour. (FACT) Do you think the companies, landlords, small business owners are going to eat that cost?! Have they ever graciously eaten higher overhead before, or is it usually passed down to the consumer? (Rhetorical question) Do you think struggling small business owners will be able to assume these new costs? WRONG. Small business will be forced to close, and your Joe Biden big corporation/big box store buddies will thrive. When items cost more for a company the cost of that item for you ALWAYS GOES UP. ALWAYS. This is common knowledge or at least should be. YOU DONT THINK THE EXTRA COSTS FOR EMPLOYEES WILL NOT BE PASSED ON TO CONSUMERS AS WELL?! WRONG. Let me give you example on if you give an employee a $1 raise. If you are paid for 40-hours per week, and 52-weeks per year, a $1 an hour raise will add up to $2,080 extra per year. THATS ONLY ONE DOLLAR AN HOUR FOR ONE EMPLOYEE, NOT INCLUDING PAYROLL TAX. Now imagine $3-$8 added PER employee per year! You dont this will be passed on to you in your every day cost of living?! WRONG!