25$ for his workers per day which is lower than the minimum wages believed that he will lose customer because: "they'll said let's do it ourselves. We can save a bundle of money"(Yam, 2012). Meanwhile Mr. Cestaro states that if he been forced to pay higher wages then he will hire high skilled labor force rather than those workers who do not have skill. This concern is shared by many other low-skilled business owners as well, for example fast-food restaurants and some manufacturing (ibid). This concern might be one assumptions for implement higher minimum wage, however, there is no doubt the minimum living wage has to increased. .
On the basic of BBC website(WWW.bbc.co.uk), the rise of minimum wage will decrease the inequality and balance the needs for low-paid workers especially during the period of economic uncertainty. Depend on the data from BBC; the minimum wage has rose from 15p to 6.08 pounds an hour for adults whose age are 21 or over; for those between 18 to 20 the wage goes up by 6p to 4.98 pounds; for younger group 16-17, the wage increased from 4p to 3.68 pounds. It can be seen that the increased wage rate for young workers is lower than oder counterparts for try to encouraged owners of factors to keep them on while the unemployment is high. .
The second argument to prove that government have to use financial policy to narrow the gap between the rich and poor is the wealth tax should be increased. Pidd(2011) in his article Tax us more, say wealthy Europeans said that many billionaires including Warren Buffett asking for pay more tex. In France 15 billionaires and the richest woman, Liliane Bettencourt signed a letter begging to pay more tax to help France out of finical crisis. Following this movement, France and Spain later joined by German concern about the wealth tax to "stop the gap between rich and poor getting bigger"(Pidd, 2011). According to this article, Germany could increased €100bn(£88.
