crossing my fingres?
cossing my fingers?
to start with we have a minimum wage now, its the reason there is a problem as it is below the level the govt sets for that person to pay any income tax as well as it allows that person to get govt benifits, my plan fixes both in most cases
company makes 100,000 in profit, pays 25,000 in tax on avg
my plan they pay about 15,000
thats a savings of 10,000 in taxes
Now let me explain to you how this works
120 a week extra cost in wages
52 weeks means that company has enough money to go from 8.00 an hour to 12 for 2 people
or
4 people from 10-12 an hour
A company that makes 100,000 in profit a year is very small. Bern this were you give your self away every time as to how little you understand how business works, there is no guessing in this bud
lets do this. for every employee a company has that it can produce evidence that it had 20 employees that went from 8 to 12 an hour it would get dollar for dollar a tax break? DO you relize GWB proposed this in 06? (not my eaxct idea, but the same in general)
Bush said at a Wednesday news conference that any pay hike should be accompanied by tax and regulatory relief for small businesses, potentially a tough sell for Democrats, who are about to reassume control of the House and Senate.
Bush links minimum wage to tax break - USATODAY.com
Still think this a lib fix?