Like It Or Not: As Minimum Wage Rises, Expect Higher PricesReader01/12/2018 (Fri) 20:00:19 Id: 40e3f2No.5426del
A Subway sandwich shop in Seattle, Washington, is no longer offering the famous ‘Five Dollar Footlong’ special due to the city’s progressively socialist taxation policies, labor laws and minimum wage mandates.
Franchise owner David Jones posted a notice to customers explaining why his store was unable to participate in the national promotion for which the company has become well-known.
“The cost of doing business is Seattle is very high,” he wrote. “We are balancing the Highest Minimum Wage in the Nation, Paid Sick Leave, ACA, Secure Scheduling, Soda tax and much more.”
Jones assured customers he was seeking other avenues to offer discounts as quickly as possible.
Photos of the note went viral, prompting Subway execs to threaten Jones if he did not take it down.
“I got a very stern call last night letting me know that my life was going to get very ugly if I didn’t take the sign down,” Jones said. “I took the sign down this morning.”
He described the phone call to My Northwest as “threatening,” explaining that the “implicit message was they would attempt to terminate his franchise if he didn’t comply.”
Jones established himself as a vocal critic of the $15 minimum wage ahead of its passage, warning that he would be forced to transfer the added cost to his customers.
“We’ll all have to up prices,” said Jones. “It takes our full margin out. Most restaurants make less than 10 percent. This takes 10 percent out of our margin.”