Economics, Business, Money, Finance : What happens to small business if the min wage is increased to $15?

What happens to small business if the min wage is increased to $15?

I don't think a lot of them make it.
Discuss?

Re: What happens to small business if the min wage is increased to $15?

Small businesses can choose the salary they wish.

Re: What happens to small business if the min wage is increased to $15?

Why are you so concerned?

Re: What happens to small business if the min wage is increased to $15?

Because I want to be a business owner.
And I also don't want small businesses to unable to thrive

Re: What happens to small business if the min wage is increased to $15?

Well you could try being more optimistic about your predicament like you were about me staying a single woman until the day I die.

Re: What happens to small business if the min wage is increased to $15?

Well tbh I don't think you will be single for the rest if your life, I just don't think you should stress or worry about it.

I'm optimistic, just don't want the government to interfere

Re: What happens to small business if the min wage is increased to $15?

What kind of small business are you talking about?

Re: What happens to small business if the min wage is increased to $15?

My ice cream company

Re: What happens to small business if the min wage is increased to $15?

It's crazy over there. I'd only be creeped out.

Re: What happens to small business if the min wage is increased to $15?

Over where

Re: What happens to small business if the min wage is increased to $15?

Your ice cream shop.

Re: What happens to small business if the min wage is increased to $15?

Aw you're not giving yourself enough credit, you're creative you would be an asset to a company like that.

Re: What happens to small business if the min wage is increased to $15?

Do you read the economy section of the newspaper at all?

Re: What happens to small business if the min wage is increased to $15?

I own a business in Vermont. I pay my employees slightly under the minimum wage…Cash only.

Everyone is happy, no one pays taxes and my customers are not suffering with outrageous fees.

Re: What happens to small business if the min wage is increased to $15?

And very illegal

Re: What happens to small business if the min wage is increased to $15?

They just raise prices👍

Re: What happens to small business if the min wage is increased to $15?

They'll be better off with employees being able to actually go out and buy things. Different business sectors are like a food chain. If GM closes up shop, then the businesses around them suffer, and it spirals downward.

Re: What happens to small business if the min wage is increased to $15?

They have you work part time to get around it

If we take the time to see with the heart and not with the mind, we shall see that we are surrounded completely by angels ~ Carlos Santana

Re: What happens to small business if the min wage is increased to $15?

I think it's a tough thing to say,if you manage to snag an extra hard working employee, 15 is worth it.

Melting down over top boy

Re: What happens to small business if the min wage is increased to $15?

For sure! I would think maybe 10 or 12 should be the minimum and then reward with higher wages

Re: What happens to small business if the min wage is increased to $15?

Crank & Boom?

Re: What happens to small business if the min wage is increased to $15?



Melting down over top boy

Re: What happens to small business if the min wage is increased to $15?

Some will go out of business. Others will have to fire workers because they will no longer be able to pay them.

Leftards sometimes have good intentions, but the unexpected results are almost always bad.
They're also ignorant of how things work in the real world. All of the poorest and most crime ridden cities in America are run by Democrats.

And being a Libertarian, I do not support any minimum wage. Businesses should be allowed to pay what they choose without government interference. If they salary is too low, don't take the job. Duh!



😺 Schrodinger's Cat walks into a bar, and doesn't. 🤨 Let's go, Brandon! 🤨 Try that in a small town.
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