It could be something like raising taxes, which could even put families on the verge of poverty directly into poverty. If that is the case, the amount of people living in poverty would not change too much. Another way in which raising minimum wage would reflect on everyone is that the prices of things could just increase as well, or the number of labor jobs would decrease and try to be replaced by machines. If minimum wage increased too much, it could quite possible be cheaper to have machines working; rather than people. This could potentially disrupt our economy and effect a lot of people across the county. “My reading of the economic literature also suggests that businesses absorb some of the costs of a higher a wage bill by employing few workers and charging higher prices for the goods and services they produce” (source 2). This means that no one is really gaining anything. It could possible be a endless