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by lazyjones 4465 days ago
> Well, then McDonalds can offer more money to work there.

Which means burgers will cost much more than they currently do.

The same will be true for all domestic products/services where a significant part of the work force currently has low wages.

Which means that you and I will pay more for goods/services than previously. The effect will be similar to a significant sales tax, might as well try funding BI that way (at least imported goods will carry some of the tax burden) and look at published studies on the effects of sales taxes...