The $12 wage would slash the huge taxpayer subsidies now given to companies that hire low-wage immigrants, and move tens of millions of Americans into the middle class and sharply reduce the 47 percent of the population who are now completely or partly dependent on federal handouts, Unz told The Daily Caller.
“Politics would be completely different… what you’re doing is reducing the 47 percent by 10 to 15 points and giving Republicans a chance to make their case about cutting government spending and reducing taxes,” he said…
This minimum wage argument is gaining ground among conservatives. This week, for example, conservative icon Phyllis Schlafly, called for an increase in the minimum wage. “Legislation to raise the minimum wage would elevate many low-wage earners above the income threshold that qualifies them for benefits and should result in reduced welfare spending,” said Schalfly, who earned the undying hatred of progressives in 1977 by blocking the Equal Rights Amendment.
“That’s a tradeoff Republicans could support,” she added.