2004 is “Year of the Kickback” in Santa Fe

Via Terpsboy, I found this article from an owner of a steakhouse chain in Santa Fe, where the minimum wage is going up to $8.50 in 2004 and $10.50 in 2008. Ed Tinsley won’t open another Santa Fe steakhouse and other businesses are looking to escape.

Watch this story: I guarantee there will be a torrent of stories next year about 1.) small businesses fleeing Santa Fe and 2.) assorted schemes by employers to recoup payroll expenses (e.g. charging for uniforms, docking pay for long lunches, etc.) Nobody is going to pay pizza delivery boys $8.50/hr and expect customers to cough up $25 for a large with pepperoni.