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by zo1 4401 days ago
Okay, and? We all know that operating costs will rise if the wages paid to employees goes up. The question is, how will those cost increases be paid for. Less profit, higher price of service/product? Not to mention that a 1-2% in operating cost could be a drastic reduction in profit, or increase in price. It depends on the business. And the proposed increase is 100%, not 10% as cited in the article so can we assume that "operating costs will go up by 10-20%? Not sure.