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The details of minimum wage laws show why they are so harmful

Large businesses in Saint Paul are already paying their workers at least $15ph and raising the city's minimum wage has always been about raising costs for the city's small businesses. Slowing the increase for these businesses is a sign that, whatever they might say, Saint Paul's policymakers realize that it will have very real costs. If only they would be honest about it.  ...

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As St. Paul’s politicians prepare to hobble the city’s labor market with a $15 minimum wage without tip credit, D.C.’s are getting rid of it

Despite economic theory and empirical evidence being against such a move, Saint Paul's Mayor, Melvin Carter, seems intent on imposing a $15ph minimum wage without a 'tip credit' on the city's businesses. The experience of Washington D.C. shows just how bad this policy is....

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Venezuela hikes its minimum wage and trashes employment. What are the lessons for Minnesota?

It is heartbreaking to see the people of Venezuela, formerly the poster child for 'democratic socialists' like Sen. Bernie Sanders, reduced to being lab rats in another experimental proof of the the awfulness of socialist economics. But there are lessons in this and the least we can do is learn from them. ...

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A tip credit will go some way towards mitigating the harm that St. Paul’s leaders want to do to the city’s labor market

"The only restaurants that are going to be able to survive this (minimum wage hike without a tip credit) are big corporate chains. Small restaurants just can’t afford it" says Jennifer Schellenberg of Restaurant Workers of America. This echoes the findings of a report by the Citizens League earlier this year. They found that most of St. Paul's large employers, such as U.S. Bank and Wells Fargo, were already paying their staff at least $15 an hour. The people who would be hit hardest by the the city's politicians commanding its small business owners to increase their staff costs by up to...

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