Pugh to veto $15 minimum wage

Late last week, Baltimore Mayor Catherine Pugh said she would veto a bill that would raise the minimum wage in Baltimore to $15 per hour by 2022.

As most business owners know, profit margins aren’t always comfortable, and when your payroll has to accommodate almost doubling the minimum wage over the next seven years, something has to give. Raising the minimum wage increases labor costs, inflates consumer costs, and makes jobs more scarce. Baltimore leaders have been grappling with their minimum wage bill for several months and have made some changes to accommodate businesses with fewer than 50 employees, for example, but the city’s debate over this issue is not over, and it will likely generate momentum for state bills next year.

Read more on the mayor’s decision from the Baltimore Business Journal.

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