The Chamber of Commerce may be against raising the federal minimum wage, but let’s not forget the Chamber doesn’t represent all businesses. In fact, some 67% of small business owners support not only raising the federal minimum wage, but indexing it to inflation so it won’t lose its value over the years. Raising the minimum wage is good for business, and small business owners know it.
Now the group Business for a Fair Minimum Wage wants to get that message across. It is urging businesses, executives and business owners to sign on to a petition to support raising the federal minimum wage to $10.10 an hour over three years and indexing it.