"While many legislators have pushed for raising the minimum wage, with more and more cities across the US roll out higher minimum wage laws, Buffett does not favor this solution. In an op-ed for the Wall Street Journal in 2015, Buffett wrote that raising the minimum wage would actually create more problems for our market system.
Instead, he offers a different way to help and incentivize struggling Americans.
“The Earned Income Tax Credit is the single best way,” Buffett said."
https://finance.yahoo.com/news/warre...150507164.html