Posted on 03/26/2016 9:51:02 PM PDT by 2ndDivisionVet
I was thinking the same thing. A tax increase on the increased price of the product itself then an increase in state income tax of the employee.
Gotta love how California is so eager to provide us with examples of what complete government control leads to?
Maybe we’ll get lucky and they’ll show us what happens under a dictatorship.
The majority of fast food joins make $2.5 million in revenue or less. Many result in $40,000-$80,000 for the owner in profit. This sucks more than that from them, making the establishment a loss.
Here is last years highest grossing restaurants. The number is the average revenue per store. CFA is highest at $3 million per store. That’s it. Not a bazillion dollars or some magical number of massive revenue.
Chick-fil-A $3,064,000
Jason’s Deli $2,657,000
Panera Bread $2,500,000
McDonald’s $2,500,000
Krispy Kreme $2,480,000
Chipotle * $2,472,000
Whataburger $2,327,000
Zaxby’s $2,030,000
Culver’s $2,015,000
In-n-Out Burger $1,975,000
I’m just pointing out that fast food restaurants that have a commitment seem to have long lines of customers. And it is not axiomatic that a rise in the minimum wage will lead to automation that eliminates employees.
Why so many voters are drawn to Donald Trump
The way the presidential campaign is shaping up, Ventura musician Jon Gindick may do something he's never done before. "I've never voted for a Republican," the registered Democrat told me. "I like Trump." A waiter told me he thought Trump's trade restrictions would create more jobs at higher wages. A couple wearing matching red, white and blue shirts told me their healthcare costs had tripled under Obamacare -- a program Trump says he'll shred. To Gindick, Trump's remarks about criminals coming across the border were refreshingly honest, and not at all a condemnation of all immigrants or Latinos in general. He thinks Trump's critics misrepresent him, that they're unfair in calling him a racist. "I saw it as a huge lie being repeated by the GOP establishment and Democrats," he said. [Steve Lopez, Los Angeles Times]
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