Actually, yes. Like a helicopter drop, a minimum wage increase shifts money from those who would save it to those who have the greatest incentive to spend it quickly. As noted in the earlier comments, what I was missing was that a helicopter drop is done by printing money, rather than shifting it from others. An EITX is closer to a helicopter drop, and I'm starting to see part of why it's a better idea.

If my understanding of the term is correct, NPMaxwell's comparison to a helicopter drop is a poor one. However, not only is it an established term of art, but he/she provided a reference for background. The glibness of your response is entirely unwarranted.