Prop 206 raising prices

Prop+206+raising+prices

Kade Whatcott, Staff Reporter

With the 2016 Presidential election, many states proposed ideas that they felt would help those living in the state. One of these propositions was Proposition 206 which would raise minimum wage.

Some Arizona citizens are rejoicing at the fact that minimum wage will be raised, but they shouldn’t be.

At the start of the year 2017, minimum wage in Arizona will be raised from $8.05 to $10 then in the year 2020 it will be raised to $12.

With the raising of minimum wage, prices for goods, products, and services will increase because of the need to gain more to be able to pay workers and taxes.

With the raising of minimum wage, families who are struggling and need financial help this can benefit them.

Parents who struggled to get a well paying job and had to settle for a minimum wage job or multiple jobs will be positively influenced by this wage change. They now can earn a living without having to live paycheck to paycheck.

Living paycheck to paycheck is a constant problem for people with minimum wage jobs. Not being able to have some luxuries and having to only use money for those things that they absolutely need.

Small business with small amounts of workers have to get creative with how and what they spend their money on and how they are going to pay their workers.

With this raise in wage, workers are now getting more money which will force the owners of businesses to raise prices to make up the difference.

Business will have to cut hours and possibly cut employees which will leave many without jobs. If these small business can’t come up with the money, they go under. This will leave more and more without an income and will cause them to have to scrounge more for money and having to not spend money on luxuries but needs.

Not only is this bad news for small business owners, this is also bad news for consumers. Raising prices now will make people have the same struggles as if the prices and minimum wage was not raised.