Experience shows that businesses pass on increased costs to consumers, hurting the very people wage hikes are supposed to help.
![Norms Diner in Los Angeles, Calif. (Patrick T. Tallon/Reuters)](https://i0.wp.com/southwestpolicy.com/wp-content/uploads/2024/02/Colorado-Minimum-Wage-Price-Control-Municipal-Intrastate-Compact-e1706981921731.jpg?fit=919%2C459&ssl=1)
Experience shows that businesses pass on increased costs to consumers, hurting the very people wage hikes are supposed to help.