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New Minimum Wage Law Could Either Sink Or Revive FL Economy


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Florida voters passed controversial legislation that experts say will either revive or destroy the state s economy. (Shutterstock)
FLORIDA With the coronavirus pandemic cutting the 2020 Florida legislative session short, Florida political leaders admitted this wasn t the year to promote new agendas and tackle groundbreaking statutes.
However, Florida voters didn t need their elected representatives to pass controversial legislation that, depending upon the politics of the prognosticator, could either save or destroy the state.
During Nov. 3 s general election, 60 percent of Florida voters approved Amendment 2 to the Florida Constitution, which raises the minimum wage rate over the next six years from its current rate of $8.56 per hour to $15 an hour. ....

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