Small business owners across the country are beginning to feel the pinch as more states move toward a $15 minimum wage. ILLINOIS GOVERNOR SIGNS MEASURE HIKING STATE'S MINIMUM WAGE TO $15It's the ugly side to the highly touted wage hikes, economists say, adding that the bumps can unleash a "payroll tsunami" for smaller businesses already stretched thin from rising rents and soaring health care costs. We [own] several venues across the country that are facing a minimum wage increase. Sen. Bernie Sanders, I-Vt., a sponsor, has called the current minimum wage a "starvation wage." California, Illinois, Massachusetts, New Jersey and New York all have approved a $15 minimum wage, as has the District of Columbia.

Source: Fox News April 08, 2019 19:17 UTC