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San Francisco’s harsh $15 minimum wage law is hurting a well-know comic book store in the city. The owner of Comix Experience, Brian Hibbs, says he supports a living wage in concept, but the tough new law will require $80,000 in extra revenue each year. “My jaw dropped. Eighty-thousand a year! I didn’t know that. I thought we were talking a small amount of money, something I could absorb,” he says.
San Francisco’s Proposition J kicked in on May 1st, forcing wage payments to $12.25 an hour. “That’s just the first of four incremental raises that threaten to put hundreds of such shops out of business,” reports National Review Online. The mandatory scale rises to $15 by 2018.
Owners of another beloved local business, Borderland Books, say that, while they support the concept of a living wage, “we will be closing our doors no later than March 31st.” The good news is a generous crowdfunding campaign has put off Borderland’s closing for a year. But how long can a business operate on charity?
A similar strict $15 wage law is hitting businesses in Seattle as well, as shown by the fate of workers at businesses like Z Pizza, the Icon Grill and Cascade Designs.
These wage laws bar workers from voluntarily accepting less than $15 an hour in exchange for honest work. As Comix Experience’s Brian Hibbs puts it, “Why can’t two consenting people make arrangements for less than x dollars per hour?”
When punitive $15 wage laws force business owners to close or cut back hours it reveals how mean-spirited such laws really are. For some workers there is a wage lower than the mandated minimum. That wage is zero.