The hike in New York's minimum wage is a big win for Democrats, but a provision buried inside the tentative state budget shows taxpayers will be paying much of the bill. The "minimum wage reimbursement credit" . . . would reimburse employers for part of the difference in wages from the current $7.25 minimum wage as it rises to $9 an hour by 2016.Article VI Section 8 of the NY State Constitution provides as follows:
1. The money of the state shall not be given or loaned to or in aid of any private corporation or association, or private undertaking; nor shall the credit of the state be given or loaned to or in aid of any individual, or public or private corporation or association, or private undertaking . . .Somehow I don't think this is about helping the needy with a "living wage", but, rather, asserting government control over a larger segment of the economy through employees and employers alike.