Oklahoma voters will decide on State Question 832, a proposal to raise the state’s minimum wage to $15 an hour by 2029, with subsequent increases tied to inflation. The current federal minimum wage is $7.25 an hour, which is the wage for less than 2% of Oklahoma’s workforce.
Local Business Owners Weigh In
Some local business owners have expressed concerns about the potential impact of the wage increase on their operations. They argue that the increase could lead to higher costs and potentially harm their businesses. On the other hand, supporters of the measure argue that it is necessary to ensure that workers can afford to live in Oklahoma.
The proposal has been the subject of debate in the state, with both sides presenting their arguments. Opponents argue that the increase could lead to inflation and hurt businesses, while supporters argue that it is necessary to help low-income workers.
What’s at Stake
If State Question 832 passes, the minimum wage in Oklahoma would increase to $12 next year, with subsequent increases of $1.50 in 2028 and another $1.50 in 2029, to reach $15 an hour. After that, the wage would be tied to inflation, with increases based on the Consumer Price Index.
Original reporting: Oklahoma City News Feed (HLL/CB) — read the source article.