Leaked documents show strong business support for raising the minimum wage
That actually makes sense in a perverse way. From the poll, one can see that most business owners would like to pay more wages. Well, they own the business, so they could just raise wages if they wanted to, without a legal minimum wage.  Then why don&#x27;t they? Competition. A business owner won&#x27;t raise wages because his neighboring business will have lower costs and be more competitive.  However, by forcing all business owners to give raises, competitive pressure is lost.  Raising the minimum wage still defies economic sense, however, in that it distorts the marketplace and causes job loss.