Taxpayers will pay - they always do.
All increased costs are passed along to the end consumer. No company will absorb those costs.
When some dipshit pol pushes for a $15 minimum wage for people with little skill; they are raising the cost of everything on all people. The end result is no one benefits because the raise is offset by raised costs and those on a fixed income get screwed.
It should hurt to be that stupid. It really should.