Restaurant Files For Bankruptcy After Minimum Wage Is Raised

A restaurant company from Seattle, Washington is unable to maintain city required wages and files for bankruptcy. Several cities have implemented a new law that requires the minimum wage to be at $15 dollars an hour as a means to raise the standard of living for the working class without a college degree and living in the poverty line. Companies are unable to maintain reasonable prices and pay their employees these wages, so they are forced to close or file for bankruptcy. Read more HERE