Yes, but it's mostly small businesses that pay the minimum wage. So, it could be argued that this view is just their way to hurt potential competitors.
As has been touched on, this is a ridiculous poll. It's the guy who owns a paint shop or two who will be screwed by too high of a minimum wage.
Atlas' lack of real life experience strikes again... or maybe it is just old fashioned ideology driven statements.
Most large companies are not vertically integrated businesses that compete vigorously with small businesses and want them out of business. Have you guys worked at a large company or small business? It's a complex ecosystem. And most big businesses realize if the consumer in general is healthy it is better for their bottom line. They don't want to see a bunch of small business bankruptcies nor do they want to see a bunch of consumers scraping by on a subliving wage.
The poll is unremarkable. It is just stating common sense. Partisanship... or ignorance are the only things that make an argument out of it.
FYI the way a lot of stuff gets sold is +/-IP licensor -> Manufacturer -> Distributor -> Retailer -> Retail customer.
Trump doesn't own a factory making all his crap. He licenses is name to people who make stuff who sell it on to distributors who then sell it to retailers who eventually sell it to the general public. Trump doesn't know what the wages are at the retailer selling his kitsch and he certainly has no desire for them to go out of business. They're a vital part of his distribution channel and he certainly doesn't have the bandwidth to manage his bankruptcies and a fully vertically integrated retail business.
I'm well aware that a great deal of the supposed huge expansion of small and medium sized businesses is really just corporations downsizing and outsourcing things they used to do in house.
However, if you ask most local Chambers of Commerce or individual small businesses themselves, they'll tell you that associations that represent mostly big businesses like the Manufacturer's Association and the Association of CEOs (these are the names of Canadian big business associations) don't represent them.
My post probably was a little conspiratorial, but asking CEOs of large companies, most of whom, pay well over the minimum wage, if they have a problem with the minimum wage going up, probably aren't the right people to ask.
I said that they might support raising the minimum wage to prevent future competitors, as pretty much all big businesses start out as small businesses, and certainly many businesses and business lobbyists have engaged in regulatory capture to thwart competitors, though, I can't find any mention of favoring increases in the minimum wage as an example of regulatory capture.
