No, the $20 minimum wage for fast food workers did not damage the industry
Claim
Fact
Fast food employment increased for the first two months of the new minimum wage law going into effect.
The number of fast food restaurants in California has grown by 40.8% compared to just 18.8% in the rest of the nation between 2014 to 2023 – as the state raised the minimum wage repeatedly during that time.
Employment increased in the sector in the first 2 months of the new law being into effect – and three of the first four months.
A recent, updated study from UC Berkeley found that prices went up just 6 cents, a decrease from the original study which found a 15 cent increase.
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No, Businesses are NOT fleeing California.
California has repeatedly, year over year, created substantially more new businesses than both Florida & Texas.
No, California is NOT unfriendly to business
For the first time in a decade, California is home to the most Fortune 500 companies.
No, California does NOT have the highest taxes of any state
California is one of the most equitable tax systems in the entire country