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D.C. MAYOR VETOES $12.50 WAL-MART MIN WAGE BILL
WASHINGTON, D.C. — In a win for big-box retailers looking to expand in the District of Columbia, Mayor Vincent Gray has vetoed the controversial Large Retailer Accountability Act. The city council voted in July to pass the act, which would have imposed a $12.50 hourly living wage on businesses that have annual corporate sales of more than $1 billion and spaces greater than 75,000 square feet. The living wage is a 50 percent premium over Washington, D.C.'s current minimum wage of $8.25 an hour.
Mayor Gray vetoed the legislation, citing “that the bill is flawed and will fail to achieve the intended goals.” The city council approved the bill, claiming that it was a victory for income equality and low-income workers.    The proposed law had big-box retailers, especially Walmart, reconsidering their plans to open stores in the District. Walmart threatened to cancel plans for the six stores it had agreed to develop if the bill became a law.   “The bill is a job-killer, because nearly every large retailer now considering opening a store in the District has indicated that they will not come here or expand here if this bill becomes law,” the mayor wrote in a letter to the ... more

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