Economy

19 posts

Higher minimum wage means restaurants raise prices and fewer employee hours, survey finds

For restaurants, minimum wage hikes usually mean higher menu prices and fewer employee hours, according to a survey released Wednesday. The restaurant industry employs a large portion of minimum wage workers. It’s no surprise that 83% of survey respondents affected by minimum wage hikes reported that their labor costs rose […]

IRS took millions from innocent people due to how they managed their money

’In most cases, the report found, agents followed a protocol of “seize first, ask questions later.” Agents only questioned individuals and business owners AFTER they had already seized their money…’ Continue reading: “The Internal Revenue Service has seized millions of dollars in cash from individuals and businesses that obtained the money legally, […]