"$15 an hour will increase prices"

Costco: pays workers well, same prices as Walmart's Sam's Club

In-n-Out: pays workers well, same prices as McDonald's

Best Buy, Target & Home Depot: raised pay 20% in pandemic, same prices

All 5 pay over $15. They made $15B+ profit in 2020.

Funny, when there's a plan to raise the minimum wage to $15 an hour, big businesses say "we''ll have no choice but to raise prices."

But when they got $1.9 trillion in corporate tax breaks, not one big business said "good news! we're able to lower prices."

Jeff Bezos net worth when Amazon enacted $15/hour min wage: $135 billion

Jeff Bezos net worth now (2.5 years later): $192 billion

Amazon quarterly profit grew 120% in that span

Anyway I think a lot about that Chris Rock quote, how a corporation paying minimum wage means, "Hey if I could pay you less, I would, but it's against the law."