ESay
Gold Member
- Mar 14, 2015
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If you squeeze money from 'capitalists', they can answer with two possible steps - raising the price of their production and reducing investments in their factories.DanielPalos, to the extent of its purchasing power, the federal minimum wage rate reduces incidences and extents of poverty among the working-poor.I am for raising the minimum wage as a more market friendly manner for raising tax revenue.
I’m among the firm proponents for increasing and retaining its purchasing power. The federal minimum wage rate is not, (actually or in effect) a tax and it doesn’t increase tax revenues.
Respectfully, Supposn
I agree with you that Labor must be able to afford our first world economy.
Squeezing tax money from Capitalists should happen to merely promote the general welfare. We need an Institutional upward pressure on wages not any form of, race to the bottom in any first world economy. Capitalists leaving for cheaper wages should be excised the difference to eliminate it as a rational choice in our first world economy.