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Corporations need to lower their franchise fees.

Nick Walters
2 min readFeb 11, 2021

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Raising the minimum wage is possible.

We can definitely raise the minimum wage to $15 an hour. To do so, I think the corporations would need to lower their franchise fees. The franchisees are still making six figure salaries with the current fees. I don’t think it would change all that much with higher minimum wage.

Why do these corporations need to take billions and billions of dollars in profit?

Lets start the trickle down effect off right. The government should cap franchise fees so that the billion dollar corporations can’t keep raising it. If they took the pay increase out of the franchise fee, then the franchise owners wouldn’t be affected by the increase.

Anything less than $15 an hour is ridiculous

I live in North Dakota and jobs that start at $10-$14 is poverty. If you do the math, it is manageable. That is a “in a perfect world” scenario.” Lets run the numbers: (North Dakota)

$14 an hour generates $560 a week, $2240 a month, and $26,880 annually. Keep in mind this is gross. A one bedroom apartment costs approximately $600 average. $7200 annually. That puts you below $20k for the year. Obviously, if you are single no dependents, you could save $10,000 on that year after food, utility, very little fun/entertainment.

I make approximately $10,000 more than that annually. I keep my budget low. My current budget is approximately $1000 a month. I keep it low because I don’t know how long my jobs are going to last before I get sick and tired of them.

In North Dakota, I think the wages are fine where they are at due to cheap cost of living. Now is it the same every where. NO. With that said, we have a surplus of jobs that are begging for bodies.

Even if fast food restaurants would be forced to pay $15 an hour, Do you really think people would WANT to do that type of work?

If you currently are employed at a fast food restaurant and are only supporting this minimum wage increase, then find a new job. I understand that in North Dakota that is easy to say.

It’s the reason I do support the increase. For locations that don’t have a surplus of jobs. I just get sick of people in this location bitching about the minimum wage. “If you don’t like your wage, do something about it

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