Quote of the day: Supporters of minimum-wage hikes have minimum business experience

Quoteoftheday

“People who call for minimum or ‘living’ wage, have never been in business for themselves or have never met a private payroll. They don't understand that when the minimum wage goes up even by $1, that adversely impacts the costs to that business, because withholding taxes, social security and Medicare, and employer mandates such as workers compensation, unemployment compensation tax and temporary disability insurance, also all go up.” –Sam Slom, President, Smart Business Hawaii