Restaurant die-off is first course of California’s $15 minimum wage

Coffee shop used to be 24/7. Now it's 18/7. Gone? total 3 jobs. Revenue loss? Not much. Higher prices went unnoticed by tourist customers; local regulars got discount cards. Side benefit? Fewer drunks staggering in causing trouble and fouling rest rooms with puke.

The middle class has less expendable income because they're not making enough money.

What's the income range that makes up the middle class?

Since you are unable to do the math yourself.....Which Income Class Are You?

I can do math just fine, thank you.

The Census Bureau says that 41.5% of American households brought in between $35,000 and $100,000 in 2015.

Do you agree that this is middle class?

I agree that's what was written in the link.
 
Coffee shop used to be 24/7. Now it's 18/7. Gone? total 3 jobs. Revenue loss? Not much. Higher prices went unnoticed by tourist customers; local regulars got discount cards. Side benefit? Fewer drunks staggering in causing trouble and fouling rest rooms with puke.

The middle class has less expendable income because they're not making enough money.

What's the income range that makes up the middle class?

Since you are unable to do the math yourself.....Which Income Class Are You?

I can do math just fine, thank you.

The Census Bureau says that 41.5% of American households brought in between $35,000 and $100,000 in 2015.

Do you agree that this is middle class?

I agree that's what was written in the link.

Please share your definition, if it differs from your link.
 
Reagan lowered my taxes from 70% to 28% and he raised yours.

Your claim, post your proof.

I already did.

You posted proof that middle class taxes were higher in 1988 than in 1980?
That's funny.

What about payroll taxes?

What about them?

Reagan raised payroll taxes partially to pay for trickle-down.

How much did Reagan raise them?
Must have been a lot, eh?
 
The middle class has less expendable income because they're not making enough money.

What's the income range that makes up the middle class?

Since you are unable to do the math yourself.....Which Income Class Are You?

I can do math just fine, thank you.

The Census Bureau says that 41.5% of American households brought in between $35,000 and $100,000 in 2015.

Do you agree that this is middle class?

I agree that's what was written in the link.

Please share your definition, if it differs from your link.

I don't not disagree.
 
I already did.

You posted proof that middle class taxes were higher in 1988 than in 1980?
That's funny.

What about payroll taxes?

What about them?

Reagan raised payroll taxes partially to pay for trickle-down.

How much did Reagan raise them?
Must have been a lot, eh?

You would know more than me. I've never paid FICA until three years ago. All told I've paid 3 cents.
 
You posted proof that middle class taxes were higher in 1988 than in 1980?
That's funny.

What about payroll taxes?

What about them?

Reagan raised payroll taxes partially to pay for trickle-down.

How much did Reagan raise them?
Must have been a lot, eh?

You would know more than me. I've never paid FICA until three years ago. All told I've paid 3 cents.

You claimed Reagan raised them, but have no info showing how much?
 
Do you have a link? The restaurants average according to government figures are a lot less than that.

I've already posted how it's done.

In this thread or where? If you already posted it, it should be easy for you to provide the link again.

There are different kinds of profit.

In both of the restaurants I've Angel Invested, profits averaged 19%. Remember, profit is revenue minus expenses. If you take the five examples I've already posted which benefit the owner AND are deductible, you'll be able to see the 20+/-% profit.

Think about this. If you have a million or more dollars, you can make 3.9% sitting at home in your underwear.

A million dollars and you think 3.8% is a good return? Okay, if you think that is a good return, bully for you. I think on a million that is pretty low.

Your an idiot if you believe restaurants have a 3.9% profit.

Your an idiot if you think 3.8% is a good return on a million dollar investment, cupcake.
 

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