SF Examiner Publishes My Anti-Minimum Wage Increase LTE With Libertarian Affiliation

Dear Everyone;

Last Thursday the SF Examiner had an article about the increase in the SF mandatory wages going into effect in January to account for the increased cost of living. The article included some inane statements about the benefits to a minimum wage worker by Mayor Newsom, a City Deputy Controller and a woman representative of a workers group.

I did the math and wrote an LTE about the dubious benefit to the minimum wage worker and the cost to a small business employer. The SF Examiner agreed and published with Libertarian affiliation.

Ron Getty
SF Libertarian
Letters: September 25, 2006
The Examiner
Consider the cost
The increased city mandatory minimum wages [“Minimum wage in The City to increase 3.6 percent in ’07,” Sept. 22] in January to $9.14 from $8.82 gains a net after taxes of $9.28 a week. Mayor Newsom, Deputy City Controller Zmuda and Katie Salas of Young Workers wax ecstatic over this increased pocket change. Their ignorance of the cost factors driving small businesses and who ends up paying for the costs of goods and services sold shows through.
A small business employing 10 minimum-wage workers faces a net increase of $10,000 in expenses after including matching employer taxes. This passes to consumers in higher prices on the costs of goods or services sold — as there aren’t any free lunches. Get income tax and minimum wage laws repealed for minimum-wage workers and put a floor of $100 on sales taxes to put real money in their pockets.
Ron Getty
Chair, Initiatives Committee
Libertarian Party of San Francisco
The City