By Grant Bissell and Associated Press
KSDK TV News Channel 5 and Associated Press, August 25, 2015
ST. LOUIS (AP) – On Tuesday, St. Louis' governing board perfected a bill to raise St. Louis' minimum wage to $11 by 2018. An alderman said the St. Louis Board of Aldermen will take a final vote on Friday. ... The bill that Aldermen will vote on would raise the minimum wage in the City of St. Louis to $8.25 an hour on October 15, 2015. The wages would rise to $9 on January 1, 2016, $10 on January 1, 2017, and $11 on January 1, 2018. ...
Opponents argue that the measure would drive small businesses out of the city and into St. Louis County, which has declined to adopt its own minimum wage. They also insist the bill would force employers to reduce the number of minimum wage jobs. ...
But small businessman Lew Prince, former owner of Vintage Vinyl in the Delmar Loop, doesn't see it that way.
"What it does is it puts money back into the hands of consumers who will spend it," said Prince. "This is actually the best you can do for the economy. It's the best thing you can do for local businesses."
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