Reported 3 months ago
In a 2015 interview, billionaire Mark Cuban emphasized the need for raising the minimum wage, expressing concerns over the economic burden placed on taxpayers due to low wages. He pointed out that when businesses pay insufficient wages, it effectively transfers costs to the government and society at large. Cuban proposes that raising the minimum wage leads to fairer competition among businesses while advocating for improved savings options for low-income individuals to reduce income inequality.
Source: YAHOO