drfrightner
02-16-2007, 07:51 PM
Is anyone following this tax increase proposal in congress? They want to raise minimum wage $2.10 an hour increase — from $5.15 to $7.25 over two years. If anytime you ever needed an association now is the time. I'm sure there are other very powerfull associations, business leaders and the like fighting this but if it goes through can you imagine paying your actors $7.25 per hour?
When you have a big event that will really add up quickly. I know from a personal standpoint, we'd have to raise our ticket prices for sure, and that would probably hurt our business.
I'm a republican, although I think I'm more of an independent, because I usually don't have a hard line opinion on a republican view over a democrat view, but I will tell you raising minimum wage is just all around bad for our nation.
Jobs already get shipped left and right overseas for one reasons... wages.
Who really makes minimum wage anyway... teenagers. I think this will have a huge impact on our business in the years to come. Everyone should write their congress people and tell them you're against this.
Whenever you raise wages, the people make say a dollar or two above minimum wage want a raise as well...most fast food places already pay more than $5.15, so now with a jump up to 7.25 they might want 10.25.
You might have people working for you making say... 8.00 an hour now everyone working under them are only making a few pennies less. Now they will want more as well, it just raises all labor not just the lowest paid.
This will hurt for sure...
I predict that every haunt will raise the ticket prices one or two dollars to compensate. Will our guests view our small indsutry of entertainment worth a ticket price of $17.00 for a small show or $25.00 for a bigger one?
Right now I'd peg our average ticket price at around $13.00 with many haunts making the push to $15.00. Very few are charging $18.00 or more but can you imagine even the smallest show raising prices to over $15.00?
Will people pay it? I doubt it!
This will increase costs on just one of my shows of over $15,000.00 or for both over $30,000.00. Thats a lot of money. But typically raising minimum wage just increases everything from services we use, to things we buy, so you won't just feel it from your labor but everything you use and buy.
Any thoughts?
Larry
When you have a big event that will really add up quickly. I know from a personal standpoint, we'd have to raise our ticket prices for sure, and that would probably hurt our business.
I'm a republican, although I think I'm more of an independent, because I usually don't have a hard line opinion on a republican view over a democrat view, but I will tell you raising minimum wage is just all around bad for our nation.
Jobs already get shipped left and right overseas for one reasons... wages.
Who really makes minimum wage anyway... teenagers. I think this will have a huge impact on our business in the years to come. Everyone should write their congress people and tell them you're against this.
Whenever you raise wages, the people make say a dollar or two above minimum wage want a raise as well...most fast food places already pay more than $5.15, so now with a jump up to 7.25 they might want 10.25.
You might have people working for you making say... 8.00 an hour now everyone working under them are only making a few pennies less. Now they will want more as well, it just raises all labor not just the lowest paid.
This will hurt for sure...
I predict that every haunt will raise the ticket prices one or two dollars to compensate. Will our guests view our small indsutry of entertainment worth a ticket price of $17.00 for a small show or $25.00 for a bigger one?
Right now I'd peg our average ticket price at around $13.00 with many haunts making the push to $15.00. Very few are charging $18.00 or more but can you imagine even the smallest show raising prices to over $15.00?
Will people pay it? I doubt it!
This will increase costs on just one of my shows of over $15,000.00 or for both over $30,000.00. Thats a lot of money. But typically raising minimum wage just increases everything from services we use, to things we buy, so you won't just feel it from your labor but everything you use and buy.
Any thoughts?
Larry