Yes the can MANDATE you pay nn unafordable MINIMUM wage, even if your business can’t carry it.
However, they CANNoT “mandate” that you must stay/remain in business. Thus the business district becomes a sea of “FOR RENT” signs.
Then town hall discovers the TRUE minimum wage is NOTHING.
“Then town hall discovers the TRUE minimum wage is NOTHING.”
Here is a thought - tie the salaries of the town’s board members to the towns “GDP”. That’ll make ‘em think twice about enacting policies that could adversely affect their own bottom line...