Friday, October 3, 2014

NY considers raising minimum wage for tipped workers « Hot Air

NY considers raising minimum wage for tipped workers « Hot Air: "Government reps – and many of their allies in the media – are claiming that such protests are nonsense and citing various sources which proclaim that increasing the tipped minimum wage won’t hurt businesses’ bottom line. That’s got to be some fascinating math. Holding all other expenditures and sources of revenue static, increasing your labor costs by 37% across the board won’t change the bottom line? It turns out that these amazing new math claims seem to be coming from labor unions, and they are not only wrong, but they are not terribly popular with most of the people who actually work for tips."



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