“Raising the minimum wage represents a substantial financial burden for employers, particularly start-ups, early stage companies, and family-owned businesses. In response, business owners would be forced to either lay off workers or raise prices to offset the rise in labor costs.”

Ecuadorian politician and businessman

Fabrizio Moreira is an Ecuadorian politician and businessman based in the United States. He became known for leaving Ecuador as a political dissident opposed to the former government of Rafael Correa. He owns the record label VIP Music Records and is best known for handling bookings for the rapper Soulja Boy from 2013 to 2014. He is also a dual LARAS and NARAS Grammy voting member and speaks internationally.