Wage Hike Would Cost California Taxpayers $3.6B, Analyst Says

By | March 31, 2016

  • March 31, 2016 at 8:45 pm
    Safety Guy says:
    Like or Dislike:
    Thumb up 4
    Thumb down 0

    It is also going to increase the cost of workers’ compensation insurance.

    • April 1, 2016 at 3:07 pm
      Agent says:
      Like or Dislike:
      Thumb up 2
      Thumb down 1

      Well, we have NY on the east and California on the left coast competing for the highest cost of living in the country.

  • April 1, 2016 at 2:47 pm
    Concerned Business says:
    Like or Dislike:
    Thumb up 4
    Thumb down 0

    Its hard to believe that we actually voted for these individuals making very uneducated decisions. We will have more people on unemployment than ever before, not to mention the companies that cant afford to loose people will simply raise the price of there products to compensate. Paying $15.00 for a gallon of milk and $10.00 for a loaf of bread will be a reality sooner than we think. America is destroying itself from the inside out.

    • April 1, 2016 at 4:19 pm
      Agent says:
      Like or Dislike:
      Thumb up 2
      Thumb down 2

      How about paying $10 for a Whopper with cheese? There will be a lot of people going out of business when the Progressives get through with us. Who will they tax then?

    • April 6, 2016 at 3:31 pm
      UW says:
      Like or Dislike:
      Thumb up 0
      Thumb down 1

      This is insane. Increasing minimum wage this amount has shown to have no negative effect on jobs. There is no way an increase for this number of people in an economy of this size will increase prices 360-610%. It’s a nonsensical fantasy.

  • April 1, 2016 at 6:06 pm
    Gone to Texas says:
    Like or Dislike:
    Thumb up 4
    Thumb down 0

    Another example of going overboard in CA. I could no longer afford to live there so I left and moved to Texas!

    • April 4, 2016 at 9:49 am
      Agent says:
      Like or Dislike:
      Thumb up 3
      Thumb down 0

      I know a native Californian who moved to Texas many years ago, but he still had a California superior attitude. He retired recently and when people ask him why he doesn’t move back there, he says he can’t afford to live there. Enough said.

  • April 4, 2016 at 1:54 pm
    Adam Rolnick says:
    Like or Dislike:
    Thumb up 2
    Thumb down 0

    If they did this in Arizona I would immediately lay off 40% of my staff. I would HAVE TO ! No way I could afford that. You are talking about $5 an hour for EVERY employee you have. Imagine that. I have 108. So we are talking $500 an HOUR. $4000 a day minimum. How on earth could a business absorb that. Goodbye jobs.

    • April 6, 2016 at 3:34 pm
      UW says:
      Like or Dislike:
      Thumb up 1
      Thumb down 0

      $5 for every minimum wage employee. If every one of your employees earns minimum wage your business shouldn’t exist.

      I’ve consulted tiny businesses and even they could afford to pay $12-15 with massive debt and a lagging economy.

  • April 6, 2016 at 3:29 pm
    UW says:
    Like or Dislike:
    Thumb up 1
    Thumb down 0

    Or stated another more revealing way, it will cost about 0.18% of GDP, next to nothing in an economy of that size running a surplus. It will help thousands of people.



Add a Comment

Your email address will not be published. Required fields are marked *

*