New Survey is Out On Michigan Minimum Wage Issue
The Mackinac Center for Public Policy has commissioned a new study and finds most--nearly 74%--believe local family owned businesses will have a tougher time dealing with a minimum wage hike when compared to large chains. Mitchell Research and Communications did the survey.
The Mackinac Center says the poll reflects what the economic evidence already shows. Of those surveyed 93% said they would "definitely" be voting in November. This could end up a ballot issue. It would phase in a wage hike to $10.10 an hour over a period of years.
If it's approved one small business owner is quoted as saying: "the cost structure will have to be greatly reduced which means fewer employees. All in all nobody wins."