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Raising the minimum wage? Study using US tax data finds more gain than pain
April 02, 2024
ANN ARBOR, Michigan, April 2 -- The University of Michigan issued the following news:

Study: Who's Afraid of the Minimum Wage? Measuring the Impacts on Independent Businesses Using Matched U.S. Tax Returns

Most independent businesses can shoulder the added costs of higher minimum wages with new revenues, making only minor employment adjustments, according to new research from the University of Michigan and Carnegie Mellon University.

The study, which draws . . .

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