DISQUS

LJ · 4 months ago

The government knows exactly what they are doing. Everyone seems to have forgotten that payroll taxes are based on gross wages. The higher the wage the higher the payroll tax paid to the government. The government just raised taxes but called it a wage increase. Raising minimum wage just drives inflation and perpetuates the tax increase resulting in billions more for the government. We the sheep better wake up soon before it's too late.

Chris · 4 months ago

I wish more people could recognize that you can legislate wealth. The monetary value assigned to labor doesn't mean anything. It's what that work produces that counts.

Flipping burgers produces a certain value. If the government says that has to be $8/hr, than everything else will have to adjust to it.

But there are morons out there that think raising minimum wage increases employment.

Chris · 4 months ago

Oh sorry, I screwed up what I wrote. It should read "you can't legislate wealth".

Rob · 4 months ago

The thing about the minimum wage is that it's essentially a tax on low-wage workers.

It inflates the cost of people previous earning below the minimum, and has no impact on those earning above it. That inflation in cost is dealt with by hiring fewer people at a higher wage.

Sure, that means wages go up a bit, but it also means more unemployment.

But some jobs at a lower wage for entry-level and low-skill people than no jobs available for those people at all.

Farm4$ · 4 months ago

[quote]The higher the wage the higher the payroll tax paid to the government[/quote]
100% correct, but, people in that wage range may not make enough to pay income tax, BUT will pay more in to the soc.sec./med.care fund. (of which they will never benefit)

I have been paying the unskilled 15 yr. old who does odd jobs for me $8.00 starting, And I start those who run combines or tractors at $10.00. All get some benefits too. They get raises as they prove their worth. I do not need some damn politician telling me what to pay my help.[quote]The government knows exactly what they are doing.[/quote]
Think about that statement for a minute. Please insert between the word government and the word knows, the words 'thinks it'

Rob · 4 months ago

No, Farm, I think they do know what they're doing. It's just that they're telling us they're trying to do something else.

The point is bigger government and more control through endless taxing and spending.

Wallpapers · 4 months ago

Wow, you really convinced me. I never really thought of it like that.

Buzz · 4 months ago

I can't believe they raised the min. wage again! We have a successful business that nets around 350,000 a year, now we are only going to make 345,000 a year! FUCK that I am closing the doors, there is no way I am getting out of bed for under 350,000!

[quote]minimum wage jobs are held by the very youngest employees in the work force and some of the older employes in the work force.[/quote]Exactly right Clit, let those young kids beg from their parents, why should I be the one supporting their spending habits? And hey, as for those old fucks working for me, is cat food really that bad? I really doubt it, and if they had their shit together when they were young, they wouldn't be in the fix they are today. Who says they actually need those prescriptions, they are probably better off without all those pills.

Kenny · 4 months ago

[quote]I can't believe they raised the min. wage again! We have a successful business that nets around 350,000 a year, now we are only going to make 345,000 a year! FUCK that I am closing the doors, there is no way I am getting out of bed for under 350,000![/quote]

Most jobs that pay minimum wage aren't making that kind of money. They're small businesses that every dollar matters. 70 cents an hour times 10 employees times 40 hours a week is an extra 280 a week in expenses that they didn't have before. An extra 14,560 a year on a business making 50-75k in profits a year is a massive hit.

[quote]Exactly right Clit, let those young kids beg from their parents, why should I be the one supporting their spending habits? And hey, as for those old fucks working for me, is cat food really that bad? I really doubt it, and if they had their shit together when they were young, they wouldn't be in the fix they are today. Who says they actually need those prescriptions, they are probably better off without all those pills.[/quote]

Funny. Truth is, in the early senior years, there is a cap on what seniors can make with Social Security. And, even in make believe land, prices go up to negate the wage increase. So seniors are no better off. In the real world, prices tend to go up more than the wage increase.

Kenny · 4 months ago

It's amazing how the liberal always pretends that each new tax is so minor. "The minimum wage is only going up by 70 cents." "An 8% tax really isn't that big for health care." We're only going to raise taxes 2% on the wealthy." "The cigarette tax only went up by 60 cents a pack." Etc.

By itself, any one of these taxes, while an additional burden, wouldn't be that bad. But tax after tax after tax after tax, mixed with health care costs added on, and complying with new regulations, and having to buy green, and go carbon neutral adds up to massive losses for businesses, AND for individuals.

Sure a 2% rise in costs isn't bad, if that's all it was. But that comes on the heels of a 5% raise here, and a 3% raise there, and a 1.15% tax here, and a 500 dollar fee here, and a monthly compliance price of 1500 here, and on and on and on.

It's like cooking a frog. You can't drop him in a pot of hot water. He'll just jump out. But if you raise the temp by degrees, you'll boil him to death soon enough.

Rob · 4 months ago

[quote]I can't believe they raised the min. wage again! We have a successful business that nets around 350,000 a year, now we are only going to make 345,000 a year! FUCK that I am closing the doors, there is no way I am getting out of bed for under 350,000![/quote]

Spoken like someone who has never actually run a business.

conundrum · 4 months ago

So now the min wage earner, old, young, uneducated or untrained, will make $15,600 gross instead of 14,144 gross/yr. if and it is a big IF, they are working full time. It is good timing for the min wage earners. Most businesses have cut to the bone and can't lay off anymore and still run efficiently. The ones who should worry are the just over min wage, as unemployment sneaks up (at least in this area) more bodies mean more people to choose from to fill those min. wage jobs. Adios

jimmypop · 4 months ago

[quote] For the 6% workers we're told were "lifted up" by this increase, 94% of workers were brought down.[/quote]not true... everyone will now expect a .70 raise. i certainly would. and thats what the unions wanted. artificial wage inflation is bad.

WOOF · 4 months ago

Those minimum wage people are breaking our backs.
[quote]6% workers we're told were "lifted up" by this increase, 94% of workers were brought down.[/quote]
You eat any shit they feed you.
Running Dog Lackeys with their noses up each others butts.

Kenny · 4 months ago

[quote]So now the min wage earner, old, young, uneducated or untrained, will make $15,600 gross instead of 14,144 gross/yr. if and it is a big IF, they are working full time. [b]It is good timing for the min wage earners. Most businesses have cut to the bone and can't lay off anymore and still run efficiently.[/b] The ones who should worry are the just over min wage, as unemployment sneaks up (at least in this area) more bodies mean more people to choose from to fill those min. wage jobs. Adios[/quote]

I can't believe someone actually posted something so self contradictory.

It screws people over, but HOORAY!

Nonsense.

Kenny · 4 months ago

[quote]not true... everyone will now expect a .70 raise. i certainly would. and thats what the unions wanted. artificial wage inflation is bad.[/quote]

But almost none of them will get it.

For example, waiters get 1/2 mw. So they'll get a 35 cent an hour wage, and see their tips drop as prices raise. Since waiters account for most of the minimum or below wage jobs...the raise screws them.

Hooray for bs economics!

WOOF · 4 months ago

Kenny, Another failed economist.
[quote]and see their tips drop as prices raise[/quote]

Gene · 4 months ago

More realistic is this: Man they raised the minimum wage. I broke even last year. This will bury me. I'm over. I'll have to let my four guys go. I know they have no where to find another job. Two of them are drug offenders that I hired out of jail. One is mentally slow. One is handicaped, can't see very well. But I was able to pay them a bit. They were happy to get the job. I was working (mostly).

Now, I guess Obama will have to carry them. I can't any more.

I wonder how to sign up for food stamps since as an employer I don't qualify for Unemployment.

Minimum wage----truth is there should be NONE.