Amfil Technologies Inc (FUNN)

[shajandr]

Chicago next to go:

Let’s not forget about Governor Pritkzker who proudly promotes the state sanctioned casinos. Much like legalization of drugs, casinos prey on those least able to afford its consequences. Casinos also appropriate the deposable income customers would otherwise spend on dining out or attending theater or sporting events. Remember casinos and marijuana emporiums were kept open during the pandemic and churches were shuttered.

On February 9, 2024, Illinois’ General Assembly introduced legislation to eliminate the tip credit in Illinois by January 1, 2025. If passed, ALL Illinois employers will be required to pay All of their employees at least the minimum wage. This includes employees who earn tips and gratuities. To the casual consumer, this doesn’t seem like such a bad thing.

It is a bad thing for all of us except the politicians pandering for votes and more taxes. If this legislation becomes law, many businesses in the hospitality industry will close. The ones that survive will be forced to lay off or eliminate servers, and or raise already high prices.

The result will be more unemployment, more inflation, and compromised service to the customers. No one in the hospitality industry ultimately views this law as a good thing.

The Prickster Fambly.