Does AOC know $15 minimum wage in states like Mississippi will put people out of work?

[OnePercenter]

The problem with minimum wage is that it has been neglected for so long that the sizeable increase will give employers sticker shock

Tell me about it a hamburger basket in Colorado cost $12 bucks ( MW $11.25) the same one in South Carolina cost $8 bucks (MW $7.25)

What about the hamburger basket in Vegas that costs $30 bucks (MW $8.65)?

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Of course you can spend $30 off the strip. Is that the standard price for a burger basket? No. But thanks for attempting to deflect away from you making an ass of yourself . . . again.

What is a "standard burger basket?"

 

[OnePercenter]

One of my previous employers used to pay his rent, electric, car payment with a company credit card and then complain about being broke. His wife used the company CC to buy jewelry with.

If they don't take it as personal income, then they could be in trouble if they are ever sued or audited by at state or federal agency.

If you try to deduct it as a business expense you may be in trouble, otherwise you put the girlfriend on payroll.

That’s why you take it as personal income and pay the tax. If you want to put a girlfriend on your payroll have at it. To me it is a bad business decision however since you don’t own a business it doesn’t matter.

Why would you? As long as you don't try to deduct the amount as a business expense the chance of ever getting caught is zero.

Nevada is a right to work State. Putting your girlfriend on payroll means you can fire her without cause.

First you are breaking down the barrier between you and your business, that means that if you were being sued, they could go through the corp, show that you mix your personal and business accounts and just like that your can be sued personally and the corp is no longer the barrier. The same with the IRS, if you are having issues, they can go through the barrier and put leans against your personal property.

Next whether you get caught or not should not be the guide, it should be whether it is ethical or not and it isn't The income is a personal, your business it is an expense, the way it is reported and tax differ. So, there is tax evasion. The business doesn't pay your individual taxes. It isn't ethical. If you have other stockholders then you are stealing from them and the business. Again, ethics are violated. Having a girlfriend on the payroll, right to work state or not, it could end in a sexual harassment case if she sues you for wrongful termination, which she could under federal statutes, not state.

So I and many businesses wouldn't run their businesses as unethical as you may want to. No wonder you have a bad view of business owners, your are gaming the system, I wouldn't deal with other businesses that played those games, what other dealings are you dishonest with. Product? Employees? Quality? Your word?

Being sued for what?

 

[OnePercenter]

Tell me about it a hamburger basket in Colorado cost $12 bucks ( MW $11.25) the same one in South Carolina cost $8 bucks (MW $7.25)

What about the hamburger basket in Vegas that costs $30 bucks (MW $8.65)?

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Of course you can spend $30 off the strip. Is that the standard price for a burger basket? No. But thanks for attempting to deflect away from you making an ass of yourself . . . again.

He keeps playing games and is dishonest. He doesn't own a business, he is wannabe that thinks ripping the government off is okay.

What games are those?

 

[OnePercenter]

What about the hamburger basket in Vegas that costs $30 bucks (MW $8.65)?

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Of course you can spend $30 off the strip. Is that the standard price for a burger basket? No. But thanks for attempting to deflect away from you making an ass of yourself . . . again.

He keeps playing games and is dishonest. He doesn't own a business, he is wannabe that thinks ripping the government off is okay.

A wannabe who likes to fantasize about what it would take to get a woman to actually tolerate him, apparently.

You've apparently never had a rich boyfriend.

 

[Papageorgio]

If they don't take it as personal income, then they could be in trouble if they are ever sued or audited by at state or federal agency.

If you try to deduct it as a business expense you may be in trouble, otherwise you put the girlfriend on payroll.

That’s why you take it as personal income and pay the tax. If you want to put a girlfriend on your payroll have at it. To me it is a bad business decision however since you don’t own a business it doesn’t matter.

Why would you? As long as you don't try to deduct the amount as a business expense the chance of ever getting caught is zero.

Nevada is a right to work State. Putting your girlfriend on payroll means you can fire her without cause.

First you are breaking down the barrier between you and your business, that means that if you were being sued, they could go through the corp, show that you mix your personal and business accounts and just like that your can be sued personally and the corp is no longer the barrier. The same with the IRS, if you are having issues, they can go through the barrier and put leans against your personal property.

Next whether you get caught or not should not be the guide, it should be whether it is ethical or not and it isn't The income is a personal, your business it is an expense, the way it is reported and tax differ. So, there is tax evasion. The business doesn't pay your individual taxes. It isn't ethical. If you have other stockholders then you are stealing from them and the business. Again, ethics are violated. Having a girlfriend on the payroll, right to work state or not, it could end in a sexual harassment case if she sues you for wrongful termination, which she could under federal statutes, not state.

So I and many businesses wouldn't run their businesses as unethical as you may want to. No wonder you have a bad view of business owners, your are gaming the system, I wouldn't deal with other businesses that played those games, what other dealings are you dishonest with. Product? Employees? Quality? Your word?

Being sued for what?

For anything that could come up! Seriously you are claiming to be a business owner? Lol!

 

[Papageorgio]

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Of course you can spend $30 off the strip. Is that the standard price for a burger basket? No. But thanks for attempting to deflect away from you making an ass of yourself . . . again.

He keeps playing games and is dishonest. He doesn't own a business, he is wannabe that thinks ripping the government off is okay.

A wannabe who likes to fantasize about what it would take to get a woman to actually tolerate him, apparently.

You've apparently never had a rich boyfriend.

You apparently aren’t an ethical business owner.

 

[rightwinger]

$15 minimum wage will double the wealth in Mississippi

 

[Admiral Rockwell Tory]

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Of course you can spend $30 off the strip. Is that the standard price for a burger basket? No. But thanks for attempting to deflect away from you making an ass of yourself . . . again.

He keeps playing games and is dishonest. He doesn't own a business, he is wannabe that thinks ripping the government off is okay.

A wannabe who likes to fantasize about what it would take to get a woman to actually tolerate him, apparently.

You've apparently never had a rich boyfriend.

I'll bet you did and still have one!

 

[Wyatt earp]

Tell me about it a hamburger basket in Colorado cost $12 bucks ( MW $11.25) the same one in South Carolina cost $8 bucks (MW $7.25)

What about the hamburger basket in Vegas that costs $30 bucks (MW $8.65)?

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Of course you can spend $30 off the strip. Is that the standard price for a burger basket? No. But thanks for attempting to deflect away from you making an ass of yourself . . . again.

What is a "standard burger basket?"

You never ate at a mom and pop stand?

 

[Wyatt earp]

$15 minimum wage will double the wealth in Mississippi

How?

You think 90% of them on unemployment or welfare will help?

.

 

[Wyatt earp]

The problem with minimum wage is that it has been neglected for so long that the sizeable increase will give employers sticker shock

Tell me about it a hamburger basket in Colorado cost $12 bucks ( MW $11.25) the same one in South Carolina cost $8 bucks (MW $7.25)

What about the hamburger basket in Vegas that costs $30 bucks (MW $8.65)?

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Who the fuck goes to Vegas to eat a hamburger?

Only a broke ass guy like you, I remember getting like a pound of king crab legs for $10 bucks


.

 

[Wyatt earp]

Tell me about it a hamburger basket in Colorado cost $12 bucks ( MW $11.25) the same one in South Carolina cost $8 bucks (MW $7.25)

What about the hamburger basket in Vegas that costs $30 bucks (MW $8.65)?

You do get that the prices of things in most of Vegas are nothing like the prices in the fucking casinos, right? No, probably not.

You can't buy a $30.00 burger basket off the strip? You sure?

btw; A large #1 double at Wendy's will cost you $10.05.....Off the strip.

Of course you can spend $30 off the strip. Is that the standard price for a burger basket? No. But thanks for attempting to deflect away from you making an ass of yourself . . . again.

What is a "standard burger basket?"

A $12 dollar hamburger basket in Colorado (MW $11.10 an hour)

A $ 8 dollar hamburger basket in Wyoming (MW $7.25 an hour)

Did you notice the difference?



.

 

[Silver Blooded]

It blows my mind how liberals are smart enough to understand how printing new money affects the economy, and how tariffs affect the economy, but they're too fucking stupid to see how raising the minimum wage will affect the economy.

 

[hadit]

$15 minimum wage will double the wealth in Mississippi

Just like forcing everyone to buy health insurance doubled the health of the US?

 

[healthmyths]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

As the economy gets better, wages go up......as we are now seeing...... putting people out of work because of left wing policies is the way left wingers get rich and accumulate power......making people poor is the bread and butter of left wing democrats.

Wages go up and so do commodity prices.When will the rich learn to live with less?

So Moonie... what do you think the "rich" do with the money?
A) hide under their mattress
B) Bury in the back yard
C) Buy yachts? I hope so I use to do computer programming for a yacht manufacturer and hundreds of "poor" people were paid to build yachts.
D) Build new mansions?
E) Buy goods and services? Hmmm... who provides these goods and services?
F) Invest? In startups, buy stocks, invest in savings accounts, bonds,etc. and what does this money do?

I truly would like you to tell me what the "rich" do with their money?

 

[deanrd]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

View attachment 264073

When workers have money to spend, they spend it and it makes the economy better. It’s so obvious I can’t understand why right wingers are so mystified.

 

[Wyatt earp]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

View attachment 264073

When workers have money to spend, they spend it and it makes the economy better. It’s so obvious I can’t understand why right wingers are so mystified.

So they spend more and get the same thing?


How insane is that????

.

 

[hadit]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

View attachment 264073

When workers have money to spend, they spend it and it makes the economy better. It’s so obvious I can’t understand why right wingers are so mystified.

The obvious part you're missing is where that money is going to come from. Government? Had to first be taken OUT of the economy (look up opportunity cost). From the employer? You're cutting into profit margins, and maybe pushing the company into the red, so where's he going to get it (look up higher prices, layoffs and automation).

The only way a MW works is if you keep it low enough and raise it slowly enough that the market can ignore it.

 

[danielpalos]

$15 minimum wage will double the wealth in Mississippi

How?

You think 90% of them on unemployment or welfare will help?

.

higher paid labor creates more in demand and pays more in taxes, in any long run equilibrium.

 

[danielpalos]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

View attachment 264073

When workers have money to spend, they spend it and it makes the economy better. It’s so obvious I can’t understand why right wingers are so mystified.

the right wing, never gets it.