[tahiti]

SUPREME COURT OF THE UNITED STATES

No. 98—963

JEREMIAH W. (JAY) NIXON, ATTORNEY GENERAL OF MISSOURI, et al., PETITIONERS v. SHRINK MISSOURI GOVERNMENT PAC et al.

ON WRIT OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE EIGHTH CIRCUIT

[January 24, 2000]

Justice Stevens

"I make one simple point. Money is property;"

Where does the money (property) come from to pay requirements of a minimum wage law?

From the business owners, whether sole proprietor, partnership, or stock holder.

What is the reason and result of a minimum wage law?

For the public use.

A minimum wage law can only be constitutional if there is corresponding tax and compensation mechanism built into the law to adhere to the covenant of Amendment V.

[contemplator]

Point taken, here is an excellent article covering the the minimum wage argument from a wide perspective -

http://www.acton.org/publicat/randl/article.php?id=78

[jonestown]

Minimum wage 'laws' are virtually self nullifying through inflation.

In any case, at that level of the job market, most everyone involved ignores them & pays in cash anyway. They are a good example of nullifying stupid law in action, -- in a real market.