As small businesses in NY struggle through lockdown, a new higher minimum wage looms
(From Reason)
Greg Biryla, New York director of the National Federation of Independent Business (NFIB), told the Rochester Democrat & Chronicle that the Cuomo administration’s reasoning for approving the minimum wage hike “defies logic.” Even with assistance from the state and federal governments, 39 percent of NFIB members say they could be out of business in the next year.
The infuriating thing is that the state is well aware of the additional burden it is creating—the Cuomo administration just doesn’t seem to care.
This article was originally posted here: https://www.ac2news.com/2020/12/as-small-businesses-in-ny-struggle-through-lockdown-a-new-higher-minimum-wage-looms/.
