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Big Business Supports A $15 Minimum Wage For 1 Simple Reason

(Joe Klamar/AFP via Getty Images)

Varun Hukeri General Assignment & Analysis Reporter
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President Joe Biden’s proposal to raise the federal minimum wage from $7.25 to $15 an hour is popular among progressives and labor groups. What may be more surprising is that a minimum wage hike is also backed by America’s largest corporations.