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higher minimum wages and higher taxes.


danielost

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Because they paid a solid living wage.

and no government involved.

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Because they paid a solid living wage.

no because there weren't other jobs. kids were working to help bring in money.

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After Minimum Wage Hike, UC Berkeley Cuts 500 Staff

http://www.breitbart...o-cut-500-jobs/

Well since a high minimum wage is the right thing to do (According to Liberals), then these people shouldn't mind sacrificing their positions to promote the common good. PLUS....... With the increased taxes from increased salaries, they all can now stay at home living a bare subsistence level for FREE!!!!

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A reporter asked an Arizona woman who was protesting in favor of a $15 federal minimum wage Thursday about the possible ramifications of raising the wage, and she couldn’t quite answer.

Liz Kotalik of KSAZ-TV asked a woman identified only as Kathy, a McDonald’s employee, why she should make a salary higher than people in positions that require advanced education and skill.

“All the minimum wage goes up,” Kathy replied. “With my income increasing, everybody else’s will increase.”

Kotalik noted that some small businesses said they can’t afford to pay their employees $15 an hour.

“They don’t want to pay $8 an hour,” Kathy said, adding, “We need that extra money.”

http://www.theblaze.com/stories/2016/04/15/watch-how-15-minimum-wage-protester-reacts-when-reporter-follows-up-with-a-simple-small-business-question/

LMAO!!!

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I can't understand people that want to lower the minimum wage and lower the taxes. Lower minimum wage results in poor families, while lower taxes results in higher differences in an society; which gives a bigger conflict, also it is time that the rich and wealthy pay their taxes, so that they can help their own society and the future generations. With higher minimum wages, you get parents that can be more with their kids, instead of working two-three jobs every week, also their can get free health care because of the taxes. The working people are building the society, not politicians or rich people.Without the working people and the middle-class, you wouldn't have a great society, that is for sure.

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I don't think hurting the rich is the point. Inflating the money supply leads to higher prices. If they're going to print more money to pay for the additional (minimum) wages, then a fixed number of goods and services will be chasing after all that new money and prices will eventually increase to find the equilibrium as the market always will. But with no new money, the wages will be paid for with less jobs and higher unemployment.

Farmer77, leaving wages up to the market means leaving it up to you. If you're an employer, you can decide upon pay for others to a large extent. You might look at the average pay scales in the field you're in to form a basis on what you're willing to pay. Even as an individual, you can negotiate your salary. It's not a hard coded number from the government telling you what it must be. If people are making $15/hr cooking and cleaning at McDonalds they'll never get a raise no matter how perfect a job they do.

The market wants to be affordable. Even if a large consumer staples company is only making $0.05 profit on every bottle of shampoo sold, by being so affordable it can command a higher market share and sales revenue. Companies don't have to make killer profit margins when they dominate their market. They can squeeze out competition by providing a good product at a better price which can be a lot better for a company strategically than spending larger profits on cars and vacations and bonuses. They can sacrifice profit for sales growth. Sacrificing profit, even deliberately losing money, doesn't make them good just as making high profits doesn't make them evil. The market wants to be efficient, and it will find ways around a $15/hr minimum wage, an absurdly high min. wage in most states of the country. Some McDonalds guy in rural Alabama will be as well off as a computer programmer in Silicon Valley. Places like Seattle and NYC can probably make it work. Cigarettes are almost $12/pack in the Hamptons. To smoke one pack a day, $1.50 of every hour is cigarette money in an 8 hour workday. One pack a day is 10% of their pay. I don't think $15/hr is going to sink Long Island, but it's not a testbed to see if it'll work in the rest of the country either.

actually raising taxes is punishing them for being successful, or at least that is what the common man thinks.

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I can't understand people that want to lower the minimum wage and lower the taxes. Lower minimum wage results in poor families, while lower taxes results in higher differences in an society; which gives a bigger conflict, also it is time that the rich and wealthy pay their taxes, so that they can help their own society and the future generations. With higher minimum wages, you get parents that can be more with their kids, instead of working two-three jobs every week, also their can get free health care because of the taxes. The working people are building the society, not politicians or rich people.Without the working people and the middle-class, you wouldn't have a great society, that is for sure.

higher minimum wages results in more poor people. there will always be poor and rich people. even communism couldn't change that it just made more poor people. china has figured that out. they have embraced capitalisms, yes they control it. if they didn't they would be number one country not the usa. they have more people.

in the 20s, 30s, 40s, moms could afford to stay home with the kids well dad worked. today mom has to work just to pay the taxes.

Edited by danielost
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higher minimum wages results in more poor people. there will always be poor and rich people. even communism couldn't change that it just made more poor people. china has figured that out. they have embraced capitalisms, yes they control it. if they didn't they would be number one country not the usa. they have more people.

in the 20s, 30s, 40s, moms could afford to stay home with the kids well dad worked. today mom has to work just to pay the taxes.

No? At least give me some sources. If US gets higher minimum wage, then parents don't need to work two-three jobs and stay home with their kids while working one job.

And you point is? The economy changes, you can't compare the economy 70 or 80 years ago with today, because the systemts are different.

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No? At least give me some sources. If US gets higher minimum wage, then parents don't need to work two-three jobs and stay home with their kids while working one job.

And you point is? The economy changes, you can't compare the economy 70 or 80 years ago with today, because the systemts are different.

You need to go back and read the entire thread. Raising the minimum wage MUST result in raising the wages of EVERYONE. And when that is done, it does not increase spending power, but instead just makes everything cost more. The Standard of Living will not change, just the number which is the minimum wage.

Sure, it is true, that for a year, or two, people will feel like they have more money, but that will only last a year or two. Then we'd need to raise the Minimum Wage again, probable to $17.50. And then in two years to $20. And so on. Very quickly $15 an hour will be poverty pay.

There isn't any way to prevent this from happening without vast government subsidies or heavy handed controls on the market/economy, to control prices of Food, Energy, Housing, and Transportation. We'd need to fix the price of gasoline. Fix the price of milk, and soda and bottled water. Fix the price of Beef, Pork, and Chicken. Fix the price of Apartments. All of which most people here do not want. So, we'll simply end up with poor folks who earn more and spend more, but still live a poverty lifestyle.

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You need to go back and read the entire thread. Raising the minimum wage MUST result in raising the wages of EVERYONE. And when that is done, it does not increase spending power, but instead just makes everything cost more. The Standard of Living will not change, just the number which is the minimum wage.

Sure, it is true, that for a year, or two, people will feel like they have more money, but that will only last a year or two. Then we'd need to raise the Minimum Wage again, probable to $17.50. And then in two years to $20. And so on. Very quickly $15 an hour will be poverty pay.

There isn't any way to prevent this from happening without vast government subsidies or heavy handed controls on the market/economy, to control prices of Food, Energy, Housing, and Transportation. We'd need to fix the price of gasoline. Fix the price of milk, and soda and bottled water. Fix the price of Beef, Pork, and Chicken. Fix the price of Apartments. All of which most people here do not want. So, we'll simply end up with poor folks who earn more and spend more, but still live a poverty lifestyle.

Well, higher taxes will give lower differences in the American society and you will not have so much poor people, because they everyone gets free health care and college.

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Well, higher taxes will give lower differences in the American society and you will not have so much poor people, because they everyone gets free health care and college.

someone has to pay for those. we can't pay the social programs we already have.

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someone has to pay for those. we can't pay the social programs we already have.

What do you mean with can't pay?

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What do you mean with can't pay?

i mean their goinbg bankrupt. when they do the government will reduce the programs by 25%.

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i mean their goinbg bankrupt. when they do the government will reduce the programs by 25%.

What? I still don't understand. If you are talking about business, then I understand, but the thing the government can do, is to give finacial support to the different businesses, so they can keep the competition going. Today in America it is still the establishement that has the control, not small businesses, which is a shame. It's time for the establishement to pay more taxes, so they can help the society.

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After Minimum Wage Hike, UC Berkeley Cuts 500 Staff

http://www.breitbart...o-cut-500-jobs/

After lowering myself to see this link, I wanted to poke out my eyes. Correlation does NOT imply Causation. As I expected this is a non-news sites stirring up it's political base without facts.

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Let's assume a 10% tax rate.

From $8 an hour, that's 80c in tax per hour, leaving $7.40 for the worker.

From $15 it's a $1.50 in tax, and 13.50 for the worker.

That looks like a win/win. Government gets more tax, worker gets more to put back into rhe economy.

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Let's assume a 10% tax rate.

From $8 an hour, that's 80c in tax per hour, leaving $7.40 for the worker.

From $15 it's a $1.50 in tax, and 13.50 for the worker.

That looks like a win/win. Government gets more tax, worker gets more to put back into rhe economy.

Yeah, but the Americans don't get that. For them, taxes are communism, which is just absurd. However, it would be nice to have higher taxes than 10%. To tax the establishment and the big banks would be very important.

Edited by Prido
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Well, higher taxes will give lower differences in the American society and you will not have so much poor people, because they everyone gets free health care and college.

by raising minimum wage you automatically raise taxes on those currently making the current minimum wage. last time I was working and the minimum wage was raised, I think my take home pay went up 10 dollars.

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Let's assume a 10% tax rate.

From $8 an hour, that's 80c in tax per hour, leaving $7.40 for the worker.

From $15 it's a $1.50 in tax, and 13.50 for the worker.

That looks like a win/win. Government gets more tax, worker gets more to put back into rhe economy.

so it better for the country to lose jobs and have prices go up. then the rich get richer and the poor become more in number.

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What? I still don't understand. If you are talking about business, then I understand, but the thing the government can do, is to give finacial support to the different businesses, so they can keep the competition going. Today in America it is still the establishement that has the control, not small businesses, which is a shame. It's time for the establishement to pay more taxes, so they can help the society.

just take all their money, oh wait that is communism, which didn't work.

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Socialism is not communism.

no it isn't socialism just stills your money. communism also tells you how much you can make, and what you can own.

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The first accomplishment of California’s pioneering $15 minimum wage law is killing the revival of America’s clothing industry.

American Apparel, which provided 10 percent of all apparel manufacturing jobs in Los Angeles, has terminated 500 employees in the last two weeks. Chief Executive Paula Schneider also told the Los Angeles Times that “manufacturing of more complicated pieces, such as jeans, could soon be outsourced to a third-party company.”

http://www.breitbart.com/california/2016/04/17/minimum-wage-california-american-apparel/

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