YOUR BUSINESS AUTHORITY
Springfield, MO
New York City restaurant owners say rising wage costs are taking a toll on their operations.
A group of more than 100 owners have proposed a 5 percent surcharge for all diners as the city's minimum wage rises to $15 next year.
“Allow us the option of using a clearly disclosed surcharge to generate the revenue to simply survive,” the owners wrote in an open letter to New York City Mayor Bill de Blasio.
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We would be better off if there was no minimum wage. Milton Friedman is right.