Top Pro & Con Arguments

Con

A minimum wage increase would hurt businesses and force companies to close.

60% of small-business owners say that raising the minimum wage will “hurt most small-business owners,” according to a 2013 Gallup poll. [50] Jamie Richardson, MBA, Vice President of fast food chain White Castle, said that the company would be forced to close almost half its stores and let go thousands of workers if the federal minimum wage were raised to $15. [51] Forbes reported that an increase in the minimum wage has led to the closure of several Wal-Mart stores and the cancellation of promised stores yet to open. [52]

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