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Amendment 70 would increase Colorado’s minimum wage by 44% – damaging small businesses, especially in rural and poorer communities.

 

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denver-business-journal

“…The proposal is an extreme one, especially after a 2006 voter-approved minimum wage hike has upped the bottom level of pay by 61 percent in the past 10 years.

 

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A recent study commissioned by the Common Sense Policy Roundtable found that Amendment 70 would kill 90,000 jobs and reduces wages by $3.9 billion per year by 2022

 

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Amendment 70 is harmful and unnecessary. Colorado’s minimum wage already goes up every year with inflation, and has risen 61% in the last 10 years.

 

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The non-partisan Congressional Budget Office says that unreasonable minimum wage increases will kill jobs.

 

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