Credit: Unsplash/CC0 Public Domain Most independent businesses can shoulder the added costs of higher minimum wages with new revenues, making only minor employment adjustments, according to new research from the University of Michigan and Carnegie Mellon University. The study, which draws on the universe of U.S. tax returns to examine the impacts of minimum wages, debunks concerns that small businesses are hit hard by minimum wage increases. Still, the research reveals a bigger impact on the res...