How Minimum Wage and UBI Affect Businesses

One of the biggest disagreements in economic policy revolves around the “living wage.” Most presidential candidates in the Democratic Party want to raise the federal minimum wage to $15 per hour, as it is considered a “living wage.” On the other hand, Andrew Yang wants to allow states to determine their own minimum wage and implement a basic income on top of that. Bryan Frew, CPA explains how each policy changes business decisions for large corporations and small businesses.

Wealth Tax vs. Value-Added Tax

The fight over taxes rages on as the presidential race continues. This election cycle has been focused on directly taxing wealth versus applying a value-added tax to purchases. Bryan Frew, CPA explains the difference and analyzes how their implementation will affect Americans.