Garden State business leaders warn of very bad things to come if voters approve a ballot question this November that would amend the constitution to increase the state's minimum wage from $7.25 an hour to $8.25 and then adjust it annually based on the rate of inflation.
This November, New Jersey voters will be asked if they'd like to amend the state constitution to increase the minimum wage from $7.25 an hour to $8.25 and then adjust it annually based on the cost of living.
Late last month as most people expected, Governor Chris Christie refused to sign a bill which would have increased the state's minimum wage from $7.25 an hour to $8.50 and would've tied future increases to the rate of inflation every year. Instead, Christie conditionally vetoed the bill and offered what he calls a responsible compromise. Tomorrow, Democrats move ahead full-steam with their plan to let voters decide the issue.
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