Myths & Facts of a $15 Minimum Wage in Montgomery County, Maryland

Whenever a raise in the minimum wage is proposed, opponents attempt to defeat these efforts by reviving old myths about supposed negative effects on businesses, jobs, and the economy. Economic research and the experience of jurisdictions that have adopted higher minimum wage laws, however, show that raising the wage floor does not cause economic catastrophe. In fact, robust minimum wages can have broad positive effects for workers, businesses, and local economies.