Get to the heart of the matter and speak it plainly. If the minimum wage goes from $7.25 to $9.00, who pays that 24% increase? The business owner. Is he/she going to simply swallow that extra cost? No. What will he/she do? Raise prices or hire fewer workers or lay some workers off or all of the above. So raising the minimum wage only reshuffles the deck, helping some at the expense of others.