9 Months On, Koch Fears Realized After Town Raised Minimum Wage To $15

A very interesting read. It speaks loudly about what should be going on across this country.

In Texas if they just gave educators a large raise, like $25K a year and watch all that money be returned right back to the state in the form of sales taxes from more spending.

In January, the town of Seatac, Washington, put in to effect a new $15 per hour Minimum Wage. No ramp ups, no tiered implementation. One day it was the state standard, the next, the highest minimum wage in the nation. The Koch Brothers sank a fortune to fight this measure, which fell on deaf ears as the town rejected their trickle-down theories and instead voted for the measure. The result is that for one town, they became a test bed, to put the theories behind trickle-down economics to the test.

Now, nine months on, we are witnessing one of the most dramatic recoveries in the Pacific Northwest.

Last July, business owner Scott Ostrander claimed that the increased wage would force him to lay off staff, if not shut down his businesses.  Full Article

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