St. Louis City: Discouraging Business?

Economy |
By Michael Rathbone | Read Time 1 minute

St. Louis City recently voted to increase its minimum wage. With higher labor costs, an earnings tax, and a payroll tax, the City is making St. Louis County a relatively more attractive place to locate a business.

About the Author

Michael Rathbone was a policy researcher at the Show-Me Institute. He is a native of Saint Louis and a 2008 graduate of Saint Louis University, where he earned a bachelor of science degree in biomedical engineering. In 2010, Michael obtained an M.B.A. from Washington University in St. Louis with concentrations in finance and health care management. At the Show-Me Institute, Michaels policy areas included the state budget, taxes, public pensions, and public subsidies. He also delivered lectures to area high school students about the Great Depression from an economic perspective. Michael lives in Fenton.

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