Bloomberg Businessweek: Why Small Business Is Divided Over Hiking the Minimum Wage
By Patrick Clark
Bloomberg Business Week, Nov 21, 2013
... Almost half of small business owners support a hike [in the minimum wage], according to a new survey of about 600 owners published today by Wells Fargo (WFC) and Gallup.
Among the findings: Forty-seven percent of respondents, most of whom generate less than $2 million in annual revenue, said they would approve of a law setting the minimum wage at $9.50....
After President Obama proposed raising the minimum wage to $9 from its current $7.25 by 2015, we reported on the increasing support for a...