Exactly. Minimum wages are an attempt to solve economic redistribution policies by obfuscating the cost to employers rather through the tax code, which is the cleanest way to achieve the goals of broad based prosperity.
It also has consequences like increasing the attractiveness of substituting capital (i.e., automation) for labor or simply leaving some work undone (e.g., many smaller restaurants in CA are going out of business due to multiple government policies, including very high minimum wages).
It also has consequences like increasing the attractiveness of substituting capital (i.e., automation) for labor or simply leaving some work undone (e.g., many smaller restaurants in CA are going out of business due to multiple government policies, including very high minimum wages).