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A comment on Amazon raises minimum wage to $15 for all US employees. Parent comment

Re:Amazon raises minimum wage to $15 for all US employees by jyounker on Tuesday October 02, 2018 @12:21PM (#18123052)
If you lower the federal payroll taxes then won't companies correspondingly lower wages for new employees?
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Re:Amazon raises minimum wage to $15 for all US employees by dragonwriter on Tuesday October 02, 2018 @12:44PM (#18123313)
Not if they are competing for employees; but, yes, if the labor market for particular forms of labor is a monopsony, you are stuck with the inverse of monopsony rents.

Of course, if that's a significant general problem rather than a narrow edge case, the entire idea of market economics is a sad joke.

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