Originally Posted by 128vertinnoho
How will the mandate put people out of business?
Is that proven to have happened in MA where they have had the mandate for years?
In businesses that have a high number of employees and a low wage, with profit based on being a cost leader (i.e. offering inexpensive product or service to customers), you make your money based on spreading out a small profit margin over many customers and employees. Similar to fast food. They dont make much profit per unit sold, but they sell alot for a fair price.
To put it simple, our profit will be so substantially cut that it will no longer make economic sense to be in my type of business. Id like not to get personal enough to tell you what type of business it is, but i will tell you its not something you would like to get rid of....Again, this isnt just hearsay, this is actually what would happen.