Don't know where you get your data except from corporate sponsored economists. Studies I just read say McDonald's burgers would go up 4.2%, which is 33 cents on a $7.95 dinner. And if 40 million workers get a raise, how many more will be eating out and shopping at the small businesses you say will be hurt? By my count, about 40 million. Likely net gain in business, profit, and employment overall.