Its just another subsidy coming out of tax payer pockets. It doesn't affect the wealthy, its not enough to help the poor but offsets their cost of living increase since most poor are working minimum wage or not at all.
So who does it actually affect the most, the middle class because they are working above the minimum wage but have to pay for additional costs passed onto them by businesses compensating for paying higher wages to their employees.
"If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen."
Samuel Adams
ΜΟΛΩΝ ΛΑΒΕ