A recent study by the University of Washington has shown that Seattle’s $15 minimum wage “did little to offset widening inequality.” This conclusion matches the research done across the United States and work that the Washington Policy Center has done over the last decade on the effect of artificially high, government set, minimum wage policies.
Increasing the minimum wage, through government regulation, destroys jobs, reduces available work hours and causes inflation. Businesses will often relocate away from areas that have high minimum wages creating longer commutes for workers that chose to stay with the employer or elimination of the jobs completely.
Nowhere is the harm imposed by a high minimum wage demonstrated more clearly than in Seattle, where the city council has aggressively increased the minimum wage over the last few years. The rash of restaurant closures and lost jobs can be attributed, in many cases, directly to the additional fiscal cost the minimum wage increases have caused.
Seattle residents saw store closures and jobs eliminated when the Seattle City Council voted to add an additional $4 per hour during a state of emergency. The City of Bellingham had a similar initiative rejected recently when the voters voted against a labor funded initiative to add a $4 hazard pay to Bellingham workers.
This is continuing the pattern of increasing taxes on local businesses by the Seattle City Council that is putting Seattle at a disadvantage with its neighboring...
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