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Wal-Mart, Other Big Corporations Not Opposing Minimum Wage Hikes

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Wal-Mart, Other Big Corporations Not Opposing Minimum Wage Hikes

“There is a competitive advantage to being a huge established company,” Hogan told The Daily Caller News Foundation. “You have the wherewithal to deal with extra costs whereas smaller business may not.”

And not only will forcing companies to hike wages make it tougher for smaller businesses, “but you are raising the barrier to entry for potential new businesses,” he warned.