6/6/2014

Seattle Subway franchisee David Jones plans to join the IFA's lawsuit against the city, following its approval of a $15 minimum wage plan that forces him to increase his wages within three years, while other small businesses get up to seven years. The new law will cost Jones $125,000 per year, and coupled with increased costs from the Affordable Care Act, he says his only option is to raise prices. "I don't plan on cutting staff, so I have to increase prices. But my neighbors down the street don't have to increase prices until five years or until seven years. So it puts an uneven playing field on for everybody," Jones said.

Full Story:
Fox Business

Related Summaries