Word: hikes
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...Montana, where a Mason-Dixon poll shows 71% support for a $1 minimum wage hike, an opposition group recently tried to challenge the signatures gathered by the initiative supporters. But last week a judge ruled that the challenge had been filed too late. In Colorado, opponents of the wage initiative, dubbed Amendment 42, say that raising entry-level pay in the state to $6.85 would hinder job growth. They ran a TV ad showing Moses pleading with God for divine intervention to stop the wage initiative. "We can't let the people make this mistake," God responds. "Go. Spread...
...Opponents of minimum wage hikes in all six states have consistently argued that raising minimum wages burdens employers with higher labor costs, leading to job cuts. A September paper by David Macpherson of Florida State University advanced that claim, arguing that a wage hike in Arizona could cause 4,627 workers to lose their jobs. But the paper relies on assumptions that many economists consider outdated and inaccurate. Recent studies have shown little evidence of such job losses in states that have raised their minimum wage in recent years. A letter signed by 650 U.S. economists, including five past presidents...
...recalcitrant legislature has refused to heed their will, even while the state enjoys a budget surplus. Although he has not specifically stated that he will raise taxes, Patrick has refused to sign the “no new taxes” pledge, leaving voters to suspect that a tax hike would be a distinct possibility under his administration...
...Opponents Say: If wages go up, those prices will be passed on to the consumer. A hike in the minimum wage will hurt small businesses that cannot afford to pay more. States with a higher minimum wage would not be as attractive to businesses as states with a lower minimum wage...
...Minimum Wage Hike Approved in: Arizona, Colorado, Missouri, Montana, Ohio, Nevada