Minimum Wage a $15,500 on Hiring Workers

Here’s a thought experiment: Ask people: a) if they would support a “$15,500 annual tax” on small businesses, retailers, restaurants and employers for each full-time, entry-level worker employed, and alternatively b) if they would support a $15 per hour “living wage.” I’m pretty sure that at least some people who say they support a $15 per hour living wage would be slightly less enthusiastic about imposing a $15,5000 per year “employer tax” on small businesses, retailers and restaurants, even though those two proposals are roughly equivalent.