'Seattle's Greatest Social and Economic Experiment Is about to Begin'
Before a packed house late Monday night (June 2), the Seattle City Council unanimously voted to increase the $9.32 per hour minimum wage, already the nation's highest, to $15. It "will phase in over three to seven years, depending on the size of the business and benefits they provide employees," writes (and explains in below video)
Compromises were put forward, and a rancorous Council committee meeting last week resulted in some adjustments to the plan that appeared to pave the way for easy passage."
One business group unhappy with the result was the International Franchise Association which "said it plans to sue to overturn the ordinance. The trade group, which represents franchise owners, said it puts Seattle business owners at a disadvantage," writes Kathy Cherpelis for Yahoo Finance.