Raising to $15 minimum wage means more Federal TAX revenue!!!

healthmyths

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Not only will the minimum wage person have to pay 60¢ an hour MORE in Social Security and Medicare tax but so will the employer.
Most people are totally ignorant that employers pay 6.2% in Social security taxes and 1.45% in Medicare taxes.
So the employer is not only faced with $15.00 but another 60¢ per hour in taxes!
So who is the winner? Federal Government! $1.20 per hour in increased tax revenue!

OF course the innovative American employer will not continue to keep these 1.9 million kids !
They'll be able to buy systems like the below and GET depreciation, NO Workman's comp,, NO unemployment taxes... SO yea... LET's LAY off 1.9 million more people!

NO f..king kidding this is a TAX increase for Obama!
But ignorant people like Obama don't seem to understand pictures like this:

$automatedrest.jpg

This is how McDonalds etc. will replace these 1.9 million kids living at home making minimum wage !
 

Theowl32

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RIP middle class. Small business owner.

The democrats see their numbers in their most stable constituency (the poor ignorant) going down a little bit. What to do?

Buy them off again.
 

ClosedCaption

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I don't think any of these guys really expect to get $15 they are just starting high with their negotiations. Just my two cents
 

NYcarbineer

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Should we lower the minimum wage to 50 cents an hour and solve all these problems? Is that your solution?
 

Little-Acorn

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With most unions, union wages all the way up the scale, are also based on the Minimum Wage.

If the Min Wage goes up by 20%, then ALL the union's wages go up by 20%.

They're kinda quiet about that when they are screeching that they're only "for the little guy" while demonstrating and agitiating for a hike in the Minimum Wage.
 

Redfish

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Should we lower the minimum wage to 50 cents an hour and solve all these problems? Is that your solution?
How about this? lets pay every citizen in the USA 100K per year. No matter what job they do or even if they work or not. Its only fair, right? Why should a guy doing brain surgery get to live in a mansion and drive a Mercedes AMG? Why should the guy collecting garbage have to live in a rented trailer and drive a 1999 subaru?

damn it!. its just not fair !!!!

100 K for everyone. :lol:



taking your liberal philosophy to its logical conclusion.
 

Defiant1

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Should we lower the minimum wage to 50 cents an hour and solve all these problems? Is that your solution?

$.50 an hour, that would be insulting.

The minimum wage should be eliminated completely.
 

bitterlyclingin

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Higher inflation, too.
Lower intrinsic values of individuals savings accounts.
Absolutely perfect implementation of Obama's agenda, the folks at the bottom of the income ladder think they're getting more because of the Chicago Jesus, the folks who have dutifully worked and saved all their lives making themselves more financially secure see that security and independence vanish with each passing day.
Stock up on wheelbarrows, you'll need that to cart the cash necessary to purchase your loaves of bread when the illegal who vacuums your car out at the car wash is getting paid in trillion dollar coins bearing Obama's face on one side.
 

william the wie

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This will go no where and not even get votes as Obamacare continues to wreck the D political base.
 

depotoo

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Should we lower the minimum wage to 50 cents an hour and solve all these problems? Is that your solution?
How about this? lets pay every citizen in the USA 100K per year. No matter what job they do or even if they work or not. Its only fair, right? Why should a guy doing brain surgery get to live in a mansion and drive a Mercedes AMG? Why should the guy collecting garbage have to live in a rented trailer and drive a 1999 subaru?

damn it!. its just not fair !!!!

100 K for everyone. :lol:



taking your liberal philosophy to its logical conclusion.
heck, that union garbage collector in NYC is already getting $144 grand a year in salary and benefits! He'll have to take a hit. :eek:
 

Redfish

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Should we lower the minimum wage to 50 cents an hour and solve all these problems? Is that your solution?
How about this? lets pay every citizen in the USA 100K per year. No matter what job they do or even if they work or not. Its only fair, right? Why should a guy doing brain surgery get to live in a mansion and drive a Mercedes AMG? Why should the guy collecting garbage have to live in a rented trailer and drive a 1999 subaru?

damn it!. its just not fair !!!!

100 K for everyone. :lol:



taking your liberal philosophy to its logical conclusion.
heck, that union garbage collector in NYC is already getting $144 grand a year in salary and benefits! He'll have to take a hit. :eek:


and that would only be "fair". :lol:
 

ClosedCaption

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Eliminate the Min wage for which reason:

1. Race to the bottom

or

2. Companies don't take advantage of people anymore
 

Redfish

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Eliminate the Min wage for which reason:

1. Race to the bottom

or

2. Companies don't take advantage of people anymore
1. virtually no one is paid minimum wage
2. supply and demand set the price of labor, MW sets an artifical floor and hurts job growth.
 

ClosedCaption

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Eliminate the Min wage for which reason:

1. Race to the bottom

or

2. Companies don't take advantage of people anymore
1. virtually no one is paid minimum wage
2. supply and demand set the price of labor, MW sets an artifical floor and hurts job growth.
1. But people are paid min wage because the min wage exists. Do you think they pay the very least required by law because they are nice or because they'll violate law if they didn't.

2. Yeah right. That's another "hope". Hoping is what this country started out with and quickly realized that hoping a company does the right thing is ok but hopes mean nothing. Reality was different
 

oreo

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Not only will the minimum wage person have to pay 60¢ an hour MORE in Social Security and Medicare tax but so will the employer.
Most people are totally ignorant that employers pay 6.2% in Social security taxes and 1.45% in Medicare taxes.
So the employer is not only faced with $15.00 but another 60¢ per hour in taxes!
So who is the winner? Federal Government! $1.20 per hour in increased tax revenue!

OF course the innovative American employer will not continue to keep these 1.9 million kids !
They'll be able to buy systems like the below and GET depreciation, NO Workman's comp,, NO unemployment taxes... SO yea... LET's LAY off 1.9 million more people!

NO f..king kidding this is a TAX increase for Obama!
But ignorant people like Obama don't seem to understand pictures like this:

View attachment 28645

This is how McDonalds etc. will replace these 1.9 million kids living at home making minimum wage !

Yipee Ki Yi Ya--more dollars out of American pockets that the GOVERNMENT can SPEND.

$15.00 dollar minimum wage is a JOB KILLER. If kids can make $15.00 dollars an hour they will become drop-outs in 10th grade.

Not a good idea.
 

Synthaholic

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Not only will the minimum wage person have to pay 60¢ an hour MORE in Social Security and Medicare tax but so will the employer.
Most people are totally ignorant that employers pay 6.2% in Social security taxes and 1.45% in Medicare taxes.
So the employer is not only faced with $15.00 but another 60¢ per hour in taxes!
So who is the winner? Federal Government! $1.20 per hour in increased tax revenue!

OF course the innovative American employer will not continue to keep these 1.9 million kids !
They'll be able to buy systems like the below and GET depreciation, NO Workman's comp,, NO unemployment taxes... SO yea... LET's LAY off 1.9 million more people!

NO f..king kidding this is a TAX increase for Obama!
But ignorant people like Obama don't seem to understand pictures like this:

View attachment 28645

This is how McDonalds etc. will replace these 1.9 million kids living at home making minimum wage !
So?
 

Synthaholic

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Not only will the minimum wage person have to pay 60¢ an hour MORE in Social Security and Medicare tax but so will the employer.
Most people are totally ignorant that employers pay 6.2% in Social security taxes and 1.45% in Medicare taxes.
So the employer is not only faced with $15.00 but another 60¢ per hour in taxes!
So who is the winner? Federal Government! $1.20 per hour in increased tax revenue!

OF course the innovative American employer will not continue to keep these 1.9 million kids !
They'll be able to buy systems like the below and GET depreciation, NO Workman's comp,, NO unemployment taxes... SO yea... LET's LAY off 1.9 million more people!

NO f..king kidding this is a TAX increase for Obama!
But ignorant people like Obama don't seem to understand pictures like this:

View attachment 28645

This is how McDonalds etc. will replace these 1.9 million kids living at home making minimum wage !

Yipee Ki Yi Ya--more dollars out of American pockets that the GOVERNMENT can SPEND.

$15.00 dollar minimum wage is a JOB KILLER. If kids can make $15.00 dollars an hour they will become drop-outs in 10th grade.

Not a good idea.
You're assuming HS kids will be hired ahead of adults? :lol:
 

ClosedCaption

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The average age of Fast food workers is 30 years old. This aint the days of the Malt Shops
 

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