Minimum Wage & Tax Cuts

Discussion in 'Business & Economics' started by S.A.M., Jul 28, 2006.

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Should minimum wage increase be tied to a tax cut for the wealthy?

  1. Yes

    10.0%
  2. No

    90.0%
  3. Don't know

    0 vote(s)
    0.0%
  1. S.A.M. uniquely dreadful Valued Senior Member

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    Republicans Tie Minimum Wage to Tax Cut


    http://abcnews.go.com/Politics/wireStory?id=2248129

    Congress would pass an increase in the minimum wage before leaving Washington for vacation, but only as part of a package rolling back taxes on the heirs of multimillionaires, a Senate leadership aide said Friday.

    The wage would increase from $5.15 to $7.25 per hour, phased in over the next two years, the aide said.

    In the past eight years Congress has raised their own pay seven times, yet has refused to offer minimum wage earners a single raise.

    The current minimum of wage is $5.15 is grossly inadequate to live on in this economy with nearly 36 million people live in poverty, including 13 million children. An American who works full-time, year-round at the current minimum wage earns $10,700 a year -- $5,000 below the poverty line for a family of three.

    Discuss.
     
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  3. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    What does the minimum wage has to do with tax cuts for the rich? Bush wants a less progressive tax system, eh?

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    So... how's unemployment in the US? High?
     
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  5. S.A.M. uniquely dreadful Valued Senior Member

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  7. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    It's low. But it might increase if this pass...
     
  8. Mr. G reality.sys Valued Senior Member

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    5,191
    If folks don't want to continue working for the current minimum wage, why don't they just get a better paying job?

    How will paying incompetent people more money make them more competent?

    Ah, they'll vote Dem for the payoff.

    Got it.
     
  9. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    How many CEOs does a compnay has? Most jobs pays only minimum wage, stupid.

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  10. Mr. G reality.sys Valued Senior Member

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    The joke's on you.

    Most stupids are paid minimum wage.

    I'm self-employed. 15 years, now.Retirement assured.

    I don't work for minimum wage.

    If I'm stupid, why are stupid people complaining about only earning minimum wage?

    Hell, why are self-proclaimed smart people complaining about only earning minimum wage?

    6th defininition of "Smart"?
     
  11. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    Not everyone can run companies. Not everyone has the skills to do so. And there aren't enough opportunities to do that, really. As I said, not everyone can be on the top.
     
  12. Mr. G reality.sys Valued Senior Member

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    5,191
    So why should someone who can run a company have to adopt those who can't just to support them because they possess natural incompetence?
    Wrong. Everyone has skills. What "not everyone" doesn't have is motivation.

    Why should folks 'who can' have to hire and pay folks 'who won't' a wage beyond their free market valued behavioral skill set?

    You can't support yourself? Why would I imagine you could possibly help to support me?

    At any wage.

    Anyone can register a fictious name with their state and pay the fees for county and municipal occuptaional licenses.

    Bam. In business.

    The rest is also up to the individual.

    It's really not about opportunities, is it? It's really about folks willing to make their own opportunities, or not.

    Not the problem of the motivated.
    Hell, not everyone wants to be on top.

    Again, not the problem of the motivated.

    One has to ask oneself: What is their destiny -- life-long minimum wage, an unreadable cardboard sign on the side of the road, or behaving like a productive adult?
     
  13. James R Just this guy, you know? Staff Member

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    39,421
    Because they can't?

    It won't. But it will help them to live.

    They don't need to employ them to run the company.

    Does everybody have marketable skills?

    Because an enlightened society sets a minimum standard of living.

    Beats me. You don't claim to need support. Are you confused?

    No. It's really about opportunities.
     
  14. Mr. G reality.sys Valued Senior Member

    Messages:
    5,191
    True for some; not all.

    Business isn't a charity. If folks need charity they should petition charitable organizations for support.

    Business is business.

    Charity is charity.

    Expectations do not define reality.

    Employers aren't nurse maidens.
    Werd.
    Are there so few markets?
    Your minimum standard society isn't elightened enough.
    Nope. I'm self-sufficient. I'm not asking any of you folks for a hand out.

    Would that I could hope for the same level of respect in return.
    No. It's really about opportunities provided by the hard work of others, not about opportunites provided by Mother Nature.
     
    Last edited: Jul 30, 2006
  15. S.A.M. uniquely dreadful Valued Senior Member

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    Why are so many Americans intolerant of social morality?
     
  16. Mr. G reality.sys Valued Senior Member

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    5,191
    Whose version?
     
  17. S.A.M. uniquely dreadful Valued Senior Member

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    Define the American version.
     
  18. Mr. G reality.sys Valued Senior Member

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    I'm an American.

    Why not mine?
     
  19. S.A.M. uniquely dreadful Valued Senior Member

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    I already guessed you're American from this:

    Yours, then.
     
  20. Mr. G reality.sys Valued Senior Member

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    Okay.

    Social morality: Value given for value received.
     
  21. Mr. G reality.sys Valued Senior Member

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    From that you could accurately only guess that I'm not a commie.
     
  22. S.A.M. uniquely dreadful Valued Senior Member

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    Nope I could also guess with reasonable accuracy that you're not Asian or European. Besides, you're arrogant and that, combined with the low social moral responsibility, well, I'm afraid you could only be American.
     
  23. S.A.M. uniquely dreadful Valued Senior Member

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    How do you define value?

    Is it in terms of satisfaction received or given or both?
     

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