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Raising the Minimum Wage? Study Using US Tax Data Finds More Gain Than Pain

April 2, 2024

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Read time:

<5 mins
Raising The Minimum Wage Study Using US Tax Data Finds More Gain Than Pain
Presented by Michigan News

With minimal employment adjustments, according to research from the University of Michigan, most independent businesses can shoulder the added costs of higher minimum wages with new revenues. The study debunks concerns that small businesses are hit hard by minimum wage increases.

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