Mike's Daily Comment

Assessing the Impact of Minimum Wage Increases

You can’t assess the impact of a minimum wage increase without including all the other costs that government is adding – property tax increases, employer expanded CPP contributions, higher holiday and employment insurance payments.

Only 13% of minimum wage earners live under the poverty line, which means that for $100 in extra income less than $13 goes to people living in poverty.  There are far better ways to help.

Instant Wisdom

It’s just so easy to give the thumbs up to Socialism – at least until you have to pay for it.

Quote of the Week

Famed economist, Thomas Sowell laments the negative impact of teaching children advocacy over facts.

Shocking Stat

As if retail wasn’t tough enough with the advent of online shopping,  government delivers the knock out blow with a raft of tax increases and mandatory transfers.

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