Raising the minimum wage only increases operating costs thus raising the prices of goods and services. Until taxation and regulation burdens are lessened or negated the only effects raising the minimum wage will have is slowly destroying the dollar and making life harder for the working class.
CHANDLER, Ariz. (KSAZ) – A Chandler restaurant says the minimum wage increase in Arizona is forcing them to close their doors for good.
A sign posted to the door of the Native Grill & Wings near Alma School and Queen Creek Roads says the restaurant is closing “due to the rising cost of business and the minimum wage increase.”
— Marcy Jones (@marcy_jonestv) June 27, 2017
— Brian Kae (@BKFox10) June 27, 2017
The signs reads: “Due to the rising cost of business and the minimum wage increase, with our deepest regrets, we are going to be forced to close our doors. Sat. July 1st will be out last open day. We would like to thank all of the customers and our faithful regulars that have supported us and allowed us to keep our doors open thus far. Please join us on July 1st to say goodbye to our staff and the environment you all have helped us create.”
The minimum wage increase, or Proposition 206, was passed by Arizona voters in November of 2016 and raised the minimum wage from $8.25 to $10 an hour in January and to $12 an hour in 2020.