Taxing The Rich

[danielpalos]

Yeah they should pay income tax even though they have little to no income. This while the ultra wealthy pay little income tax, because their wealth doesn’t come from income.

Can’t fix stupid.

The top 20% pay over 80% of all collected income taxes for the rest of us. Nearly half of our population pay no income tax at all. It's about time everybody chipped in something.

And they should pay more.

Why? How much more?

We should raise the minimum wage to get the Poor to pay more in federal income tax.

 

[danielpalos]

Taxing the job producers and investors is a dumbass thing to do.

You take the money that would have been spent in the productive economy and put it in the hands of stupid non caring bureaucrats, whose bosses are corrupt politicians elected by special interest groups.

Liberals are dumb as door knobs. Of course that is the greedy Marxist asshole's mantra to punish those that have more money than they have.

Where is all the prosperity from all these tax cuts?

America's billionaires have become even richer since Donald Trump became president, and it says a lot about the country's record-high wealth gap

Household wealth has remained relatively flat over the past 30 years. In 2018, the gap between the rich and the poor widened to an all-time high.

www.businessinsider.com

 

[SweetTea]

"Above all things, good policy is to be used that the treasure and monies in a state be not gathered into few hands. For otherwise a state may have a great stock, and yet starve. And money is like muck, not good except it be spread"
-- Francis Bacon; from 'Of Seditions and Troubles'

Raise the minimum wage to raise more tax revenue.

You just don’t get it. Raise minimum wage prices go up. So the only thing you are doing is making the poor slob have less money in their pocket because of taxes. So I guess you want people to either stop working or have less money to spend

Prices have been going up anyway; only the minimum wage was not being raised on a regular basis to keep up with inflation.

Prices aren't the same everywhere. Why are Democrats pushing for a national minimum wage? Should an engineer in rural Mississippi should make the same as an engineer in Manhattan? Why not? The economy doesn't work that way chief.

There is a reason why some States are simply cheaper to live in. A first world local economy is usually not one of them.

My red state is cheaper to live in and the average salary in my area is more than twice the national average. Funny, but many Republican states are the same way.

lol. Then why do you have any problem at all with a higher minimum wage?

I don't even know what you are talking about. I live in a right to work state. We reward people for productivity, not simply for existing. If adults choose to flip burgers their entire life then they get paid they are worth. In my state, they are not worth nearly 30k/yr. A trained monkey could do that job. In union states, they overpay trained monkey's, driving up the cost of goods and services, increasing the cost of living for everyone.

 

[jbrownson0831]

The dems don’t understand economics or even math.
They think that the rich are somehow locked into staying in high tax areas. They think that their money can’t be moved into other countries.
They don’t realize that businesses can leave money overseas Instead of bringing it into the U.S. where it spends just as well there.
They don’t realize that businesses are not going to take a hit to the bottom line, they will just pass that hit onto higher prices for the consumer.

Raise the minimum wage to raise more tax revenue.

Raise minimum wage to increase prices for goods. Then minimum wage purchases the exact same amount of goods or services.
so it ends up as a wash other then it looks good.

No, it doesn't. Some studies show less than five percent increase in prices. Simply beating the rate of inflation means greater purchasing power for Labor and their propensity to consume. The doubling of the minimum wage will not result in a doubling of prices for anything.

So you're going to increase labor costs by 100% but claim that prices will only go up 5%? You're not the brightest bulb on the tree...are you, Daniel?

Due to minimum wage increases. Other wages could raise it more, but the pay increases need merely beat inflation. Who cares if prices go up if we can afford it with the higher wage. And, a fifteen dollar an hour minimum wage also generates several times more in federal income tax revenue.

How does this work, Daniel? The profit margin of your typical brick and mortar store is less than 5%. Their largest expense will typically be payroll which you're now increasing by 100%. So where do you make up the difference?

Prices won't double even if the minimum wage does. The multiplier effect does the rest.

I asked a rather simple question, Daniel...which you've failed to answer. How do you raise labor costs 100% in a business that only has a 5% profit margin and NOT raise the price of goods and services provided by that business?

It is about the minimum wage and minimum wage labor. What percentage of any workforce makes the minimum wage?

Answer the question, Daniel. If you can't...then admit you have no clue what you're talking about...tuck tail and find another string!

You are the one begging the question. You have nothing but Hoax not any understanding of economics.

So your "answer" to a very simple question...is that I have "Hoax"? If you can't answer something that basic, Daniel then it's obvious your minimum wage ideas fall flat on their face.

I took Economics classes at UMass, Amherst College and Boston University. What is your background on the subject?

I'd give it up. You'll never get anything but empty rhetoric from Danny Boy

lol. You have nothing but Hoax, not any valid arguments for rebuttal.

Awwwwk! Polly wanna hoaxcracker!

Still no valid arguments. How many times do I have to repeat myself to get a valid response from right wingers?

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

Raising the minimum wage means more federal income tax revenue for Government.

Why? The dregs milk the system for every dollar they can get even better than the uberrich. Consumer prices go up and any taxes the dregs pay are miniscule if at all.

 

[Flash]

Taxing the job producers and investors is a dumbass thing to do.

You take the money that would have been spent in the productive economy and put it in the hands of stupid non caring bureaucrats, whose bosses are corrupt politicians elected by special interest groups.

Liberals are dumb as door knobs. Of course that is the greedy Marxist asshole's mantra to punish those that have more money than they have.

Where is all the prosperity from all these tax cuts?

We did damn good until Biden's Chicom buddies fucked us with their virus. The best economy this country ever had thanks to Trump's tax cuts, renegotiating trade deals and cutting regulations

Of course Hunter Biden's cocaine dealer made out pretty well, didn't he?

If his Daddy becomes President Hunter's cocaine dealer, the Chicoms and Obama's Mullah buddies will be living grand, won't they?

The American people are fucked but the Biden crime family will be set up as good as the Clinton crime family, won't they?

 

[danielpalos]

"Above all things, good policy is to be used that the treasure and monies in a state be not gathered into few hands. For otherwise a state may have a great stock, and yet starve. And money is like muck, not good except it be spread"
-- Francis Bacon; from 'Of Seditions and Troubles'

Raise the minimum wage to raise more tax revenue.

You just don’t get it. Raise minimum wage prices go up. So the only thing you are doing is making the poor slob have less money in their pocket because of taxes. So I guess you want people to either stop working or have less money to spend

Prices have been going up anyway; only the minimum wage was not being raised on a regular basis to keep up with inflation.

Prices aren't the same everywhere. Why are Democrats pushing for a national minimum wage? Should an engineer in rural Mississippi should make the same as an engineer in Manhattan? Why not? The economy doesn't work that way chief.

There is a reason why some States are simply cheaper to live in. A first world local economy is usually not one of them.

My red state is cheaper to live in and the average salary in my area is more than twice the national average. Funny, but many Republican states are the same way.

lol. Then why do you have any problem at all with a higher minimum wage?

I don't even know what you are talking about. I live in a right to work state. We reward people for productivity, not simply for existing. If adults choose to flip burgers their entire life then they get paid they are worth. In my state, they are not worth nearly 30k/yr. A trained monkey could do that job. In union states, they overpay trained monkey's, driving up the cost of goods and services, increasing the cost of living for everyone.

Sounds like right wing propaganda and rhetoric that can be indistinguishable from Hoax.

If Worker Pay Had Kept Pace With Productivity Gains Since 1968, Today's Minimum Wage Would Be $24 an Hour

In such a world, a full-time minimum wage worker would be earning $48,000 a year in the United States.

www.commondreams.org

.

 

[danielpalos]

The dems don’t understand economics or even math.
They think that the rich are somehow locked into staying in high tax areas. They think that their money can’t be moved into other countries.
They don’t realize that businesses can leave money overseas Instead of bringing it into the U.S. where it spends just as well there.
They don’t realize that businesses are not going to take a hit to the bottom line, they will just pass that hit onto higher prices for the consumer.

Raise the minimum wage to raise more tax revenue.

Raise minimum wage to increase prices for goods. Then minimum wage purchases the exact same amount of goods or services.
so it ends up as a wash other then it looks good.

No, it doesn't. Some studies show less than five percent increase in prices. Simply beating the rate of inflation means greater purchasing power for Labor and their propensity to consume. The doubling of the minimum wage will not result in a doubling of prices for anything.

So you're going to increase labor costs by 100% but claim that prices will only go up 5%? You're not the brightest bulb on the tree...are you, Daniel?

Due to minimum wage increases. Other wages could raise it more, but the pay increases need merely beat inflation. Who cares if prices go up if we can afford it with the higher wage. And, a fifteen dollar an hour minimum wage also generates several times more in federal income tax revenue.

How does this work, Daniel? The profit margin of your typical brick and mortar store is less than 5%. Their largest expense will typically be payroll which you're now increasing by 100%. So where do you make up the difference?

Prices won't double even if the minimum wage does. The multiplier effect does the rest.

I asked a rather simple question, Daniel...which you've failed to answer. How do you raise labor costs 100% in a business that only has a 5% profit margin and NOT raise the price of goods and services provided by that business?

It is about the minimum wage and minimum wage labor. What percentage of any workforce makes the minimum wage?

Answer the question, Daniel. If you can't...then admit you have no clue what you're talking about...tuck tail and find another string!

You are the one begging the question. You have nothing but Hoax not any understanding of economics.

So your "answer" to a very simple question...is that I have "Hoax"? If you can't answer something that basic, Daniel then it's obvious your minimum wage ideas fall flat on their face.

I took Economics classes at UMass, Amherst College and Boston University. What is your background on the subject?

I'd give it up. You'll never get anything but empty rhetoric from Danny Boy

lol. You have nothing but Hoax, not any valid arguments for rebuttal.

Awwwwk! Polly wanna hoaxcracker!

Still no valid arguments. How many times do I have to repeat myself to get a valid response from right wingers?

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

Raising the minimum wage means more federal income tax revenue for Government.

Why? The dregs milk the system for every dollar they can get even better than the uberrich. Consumer prices go up and any taxes the dregs pay are miniscule if at all.

Not at all. A fifteen dollar an hour minimum wage generates several times more in federal income tax revenue. So what if the employer cuts a few jobs. The unemployed should be able to obtain unemployment compensation for as long as they want.

 

[SweetTea]

Where is all the prosperity from all these tax cuts?

Back to whence it came

Most spend money when they get it. A tax cut increases spending and helps consumer confidence, thus helping the economy. Conversely, a tax increase decreases spending by consumers and reduces consumer confidence. The government getting more tax revenue in the short term is quickly offset by the slowing economy caused by the tax hikes. The government ultimately must increase government spending to accommodate for the loss of revenue. Even DumbBama recognized that you can't raise taxes in a contracting economy. Raising taxes now is the ultimate in economic stupidity, unless the government is looking for more dependency, which of course is ALWAYS the goal of the Democrats.

 

[SweetTea]

"Above all things, good policy is to be used that the treasure and monies in a state be not gathered into few hands. For otherwise a state may have a great stock, and yet starve. And money is like muck, not good except it be spread"
-- Francis Bacon; from 'Of Seditions and Troubles'

Raise the minimum wage to raise more tax revenue.

You just don’t get it. Raise minimum wage prices go up. So the only thing you are doing is making the poor slob have less money in their pocket because of taxes. So I guess you want people to either stop working or have less money to spend

Prices have been going up anyway; only the minimum wage was not being raised on a regular basis to keep up with inflation.

Prices aren't the same everywhere. Why are Democrats pushing for a national minimum wage? Should an engineer in rural Mississippi should make the same as an engineer in Manhattan? Why not? The economy doesn't work that way chief.

There is a reason why some States are simply cheaper to live in. A first world local economy is usually not one of them.

My red state is cheaper to live in and the average salary in my area is more than twice the national average. Funny, but many Republican states are the same way.

lol. Then why do you have any problem at all with a higher minimum wage?

I don't even know what you are talking about. I live in a right to work state. We reward people for productivity, not simply for existing. If adults choose to flip burgers their entire life then they get paid they are worth. In my state, they are not worth nearly 30k/yr. A trained monkey could do that job. In union states, they overpay trained monkey's, driving up the cost of goods and services, increasing the cost of living for everyone.

Sounds like right wing propaganda and rhetoric that can be indistinguishable from Hoax.

If Worker Pay Had Kept Pace With Productivity Gains Since 1968, Today's Minimum Wage Would Be $24 an Hour

In such a world, a full-time minimum wage worker would be earning $48,000 a year in the United States.

www.commondreams.org

.

Just facts that I guess you lefties are too stupid to understand. There is a reason us Republicans are more successful and it isn't just our good looks.

 

[SweetTea]

The dems don’t understand economics or even math.
They think that the rich are somehow locked into staying in high tax areas. They think that their money can’t be moved into other countries.
They don’t realize that businesses can leave money overseas Instead of bringing it into the U.S. where it spends just as well there.
They don’t realize that businesses are not going to take a hit to the bottom line, they will just pass that hit onto higher prices for the consumer.

Raise the minimum wage to raise more tax revenue.

Raise minimum wage to increase prices for goods. Then minimum wage purchases the exact same amount of goods or services.
so it ends up as a wash other then it looks good.

No, it doesn't. Some studies show less than five percent increase in prices. Simply beating the rate of inflation means greater purchasing power for Labor and their propensity to consume. The doubling of the minimum wage will not result in a doubling of prices for anything.

So you're going to increase labor costs by 100% but claim that prices will only go up 5%? You're not the brightest bulb on the tree...are you, Daniel?

Due to minimum wage increases. Other wages could raise it more, but the pay increases need merely beat inflation. Who cares if prices go up if we can afford it with the higher wage. And, a fifteen dollar an hour minimum wage also generates several times more in federal income tax revenue.

How does this work, Daniel? The profit margin of your typical brick and mortar store is less than 5%. Their largest expense will typically be payroll which you're now increasing by 100%. So where do you make up the difference?

Prices won't double even if the minimum wage does. The multiplier effect does the rest.

I asked a rather simple question, Daniel...which you've failed to answer. How do you raise labor costs 100% in a business that only has a 5% profit margin and NOT raise the price of goods and services provided by that business?

It is about the minimum wage and minimum wage labor. What percentage of any workforce makes the minimum wage?

Answer the question, Daniel. If you can't...then admit you have no clue what you're talking about...tuck tail and find another string!

You are the one begging the question. You have nothing but Hoax not any understanding of economics.

So your "answer" to a very simple question...is that I have "Hoax"? If you can't answer something that basic, Daniel then it's obvious your minimum wage ideas fall flat on their face.

I took Economics classes at UMass, Amherst College and Boston University. What is your background on the subject?

I'd give it up. You'll never get anything but empty rhetoric from Danny Boy

lol. You have nothing but Hoax, not any valid arguments for rebuttal.

Awwwwk! Polly wanna hoaxcracker!

Still no valid arguments. How many times do I have to repeat myself to get a valid response from right wingers?

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

Raising the minimum wage means more federal income tax revenue for Government.

Why? The dregs milk the system for every dollar they can get even better than the uberrich. Consumer prices go up and any taxes the dregs pay are miniscule if at all.

Not at all. A fifteen dollar an hour minimum wage generates several times more in federal income tax revenue. So what if the employer cuts a few jobs. The unemployed should be able to obtain unemployment compensation for as long as they want.

My God what a perverted way of thinking. You couldn't possibly have been born in the US, could you?

 

[jbrownson0831]

The dems don’t understand economics or even math.
They think that the rich are somehow locked into staying in high tax areas. They think that their money can’t be moved into other countries.
They don’t realize that businesses can leave money overseas Instead of bringing it into the U.S. where it spends just as well there.
They don’t realize that businesses are not going to take a hit to the bottom line, they will just pass that hit onto higher prices for the consumer.

Raise the minimum wage to raise more tax revenue.

Raise minimum wage to increase prices for goods. Then minimum wage purchases the exact same amount of goods or services.
so it ends up as a wash other then it looks good.

No, it doesn't. Some studies show less than five percent increase in prices. Simply beating the rate of inflation means greater purchasing power for Labor and their propensity to consume. The doubling of the minimum wage will not result in a doubling of prices for anything.

So you're going to increase labor costs by 100% but claim that prices will only go up 5%? You're not the brightest bulb on the tree...are you, Daniel?

Due to minimum wage increases. Other wages could raise it more, but the pay increases need merely beat inflation. Who cares if prices go up if we can afford it with the higher wage. And, a fifteen dollar an hour minimum wage also generates several times more in federal income tax revenue.

How does this work, Daniel? The profit margin of your typical brick and mortar store is less than 5%. Their largest expense will typically be payroll which you're now increasing by 100%. So where do you make up the difference?

Prices won't double even if the minimum wage does. The multiplier effect does the rest.

I asked a rather simple question, Daniel...which you've failed to answer. How do you raise labor costs 100% in a business that only has a 5% profit margin and NOT raise the price of goods and services provided by that business?

It is about the minimum wage and minimum wage labor. What percentage of any workforce makes the minimum wage?

Answer the question, Daniel. If you can't...then admit you have no clue what you're talking about...tuck tail and find another string!

You are the one begging the question. You have nothing but Hoax not any understanding of economics.

So your "answer" to a very simple question...is that I have "Hoax"? If you can't answer something that basic, Daniel then it's obvious your minimum wage ideas fall flat on their face.

I took Economics classes at UMass, Amherst College and Boston University. What is your background on the subject?

I'd give it up. You'll never get anything but empty rhetoric from Danny Boy

lol. You have nothing but Hoax, not any valid arguments for rebuttal.

Awwwwk! Polly wanna hoaxcracker!

Still no valid arguments. How many times do I have to repeat myself to get a valid response from right wingers?

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

Raising the minimum wage means more federal income tax revenue for Government.

Why? The dregs milk the system for every dollar they can get even better than the uberrich. Consumer prices go up and any taxes the dregs pay are miniscule if at all.

Not at all. A fifteen dollar an hour minimum wage generates several times more in federal income tax revenue. So what if the employer cuts a few jobs. The unemployed should be able to obtain unemployment compensation for as long as they want.

Hahahahaha you are pulling our legs arent you wacko....

 

[Ray From Cleveland]

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

A few years ago I had a young couple that rented an apartment from me. Good kids and all, but they both worked minimum wage jobs. They never tried to do better because they smoked pot, and better paying jobs drug test.

It was always my hope they'd give up the dope to advance themselves in life before they got too old to do anything about it. I don't know if they did or not, but a $15.00 minimum wage certainly won't help encourage them.

 

[SweetTea]

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

A few years ago I had a young couple that rented an apartment from me. Good kids and all, but they both worked minimum wage jobs. They never tried to do better because they smoked pot, and better paying jobs drug test.

It was always my hope they'd give up the dope to advance themselves in life before they got too old to do anything about it. I don't know if they did or not, but a $15.00 minimum wage certainly won't help encourage them.

Democrats don't care one iota about encouraging success. They love them some mediocrity.

 

[jbrownson0831]

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

A few years ago I had a young couple that rented an apartment from me. Good kids and all, but they both worked minimum wage jobs. They never tried to do better because they smoked pot, and better paying jobs drug test.

It was always my hope they'd give up the dope to advance themselves in life before they got too old to do anything about it. I don't know if they did or not, but a $15.00 minimum wage certainly won't help encourage them.

I think doofydan is just joking with us....

 

[Ray From Cleveland]

I think doofydan is just joking with us....

He's been on my iggy list for two years now, so I don't know what he's saying and don't care to know.

 

[danielpalos]

The dems don’t understand economics or even math.
They think that the rich are somehow locked into staying in high tax areas. They think that their money can’t be moved into other countries.
They don’t realize that businesses can leave money overseas Instead of bringing it into the U.S. where it spends just as well there.
They don’t realize that businesses are not going to take a hit to the bottom line, they will just pass that hit onto higher prices for the consumer.

Raise the minimum wage to raise more tax revenue.

Raise minimum wage to increase prices for goods. Then minimum wage purchases the exact same amount of goods or services.
so it ends up as a wash other then it looks good.

No, it doesn't. Some studies show less than five percent increase in prices. Simply beating the rate of inflation means greater purchasing power for Labor and their propensity to consume. The doubling of the minimum wage will not result in a doubling of prices for anything.

So you're going to increase labor costs by 100% but claim that prices will only go up 5%? You're not the brightest bulb on the tree...are you, Daniel?

Due to minimum wage increases. Other wages could raise it more, but the pay increases need merely beat inflation. Who cares if prices go up if we can afford it with the higher wage. And, a fifteen dollar an hour minimum wage also generates several times more in federal income tax revenue.

How does this work, Daniel? The profit margin of your typical brick and mortar store is less than 5%. Their largest expense will typically be payroll which you're now increasing by 100%. So where do you make up the difference?

Prices won't double even if the minimum wage does. The multiplier effect does the rest.

I asked a rather simple question, Daniel...which you've failed to answer. How do you raise labor costs 100% in a business that only has a 5% profit margin and NOT raise the price of goods and services provided by that business?

It is about the minimum wage and minimum wage labor. What percentage of any workforce makes the minimum wage?

Answer the question, Daniel. If you can't...then admit you have no clue what you're talking about...tuck tail and find another string!

You are the one begging the question. You have nothing but Hoax not any understanding of economics.

So your "answer" to a very simple question...is that I have "Hoax"? If you can't answer something that basic, Daniel then it's obvious your minimum wage ideas fall flat on their face.

I took Economics classes at UMass, Amherst College and Boston University. What is your background on the subject?

I'd give it up. You'll never get anything but empty rhetoric from Danny Boy

lol. You have nothing but Hoax, not any valid arguments for rebuttal.

Awwwwk! Polly wanna hoaxcracker!

Still no valid arguments. How many times do I have to repeat myself to get a valid response from right wingers?

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

Raising the minimum wage means more federal income tax revenue for Government.

Why? The dregs milk the system for every dollar they can get even better than the uberrich. Consumer prices go up and any taxes the dregs pay are miniscule if at all.

Not at all. A fifteen dollar an hour minimum wage generates several times more in federal income tax revenue. So what if the employer cuts a few jobs. The unemployed should be able to obtain unemployment compensation for as long as they want.

My God what a perverted way of thinking. You couldn't possibly have been born in the US, could you?

lol. Nobody takes right wingers seriously about economics. Hoax and fallacy is all you all have.

 

[jbrownson0831]

I think doofydan is just joking with us....

He's been on my iggy list for two years now, so I don't know what he's saying and don't care to know.

Might be a good place for him pretty crazed even for a Dem.

 

[danielpalos]

The dems don’t understand economics or even math.
They think that the rich are somehow locked into staying in high tax areas. They think that their money can’t be moved into other countries.
They don’t realize that businesses can leave money overseas Instead of bringing it into the U.S. where it spends just as well there.
They don’t realize that businesses are not going to take a hit to the bottom line, they will just pass that hit onto higher prices for the consumer.

Raise the minimum wage to raise more tax revenue.

Raise minimum wage to increase prices for goods. Then minimum wage purchases the exact same amount of goods or services.
so it ends up as a wash other then it looks good.

No, it doesn't. Some studies show less than five percent increase in prices. Simply beating the rate of inflation means greater purchasing power for Labor and their propensity to consume. The doubling of the minimum wage will not result in a doubling of prices for anything.

So you're going to increase labor costs by 100% but claim that prices will only go up 5%? You're not the brightest bulb on the tree...are you, Daniel?

Due to minimum wage increases. Other wages could raise it more, but the pay increases need merely beat inflation. Who cares if prices go up if we can afford it with the higher wage. And, a fifteen dollar an hour minimum wage also generates several times more in federal income tax revenue.

How does this work, Daniel? The profit margin of your typical brick and mortar store is less than 5%. Their largest expense will typically be payroll which you're now increasing by 100%. So where do you make up the difference?

Prices won't double even if the minimum wage does. The multiplier effect does the rest.

I asked a rather simple question, Daniel...which you've failed to answer. How do you raise labor costs 100% in a business that only has a 5% profit margin and NOT raise the price of goods and services provided by that business?

It is about the minimum wage and minimum wage labor. What percentage of any workforce makes the minimum wage?

Answer the question, Daniel. If you can't...then admit you have no clue what you're talking about...tuck tail and find another string!

You are the one begging the question. You have nothing but Hoax not any understanding of economics.

So your "answer" to a very simple question...is that I have "Hoax"? If you can't answer something that basic, Daniel then it's obvious your minimum wage ideas fall flat on their face.

I took Economics classes at UMass, Amherst College and Boston University. What is your background on the subject?

I'd give it up. You'll never get anything but empty rhetoric from Danny Boy

lol. You have nothing but Hoax, not any valid arguments for rebuttal.

Awwwwk! Polly wanna hoaxcracker!

Still no valid arguments. How many times do I have to repeat myself to get a valid response from right wingers?

Okay here's one. If a lazy Dem dreg needs more money, then tell him to get a job or a better one if by accident he already has one. Raising minimum wage makes the dregs dreggier.

Raising the minimum wage means more federal income tax revenue for Government.

Why? The dregs milk the system for every dollar they can get even better than the uberrich. Consumer prices go up and any taxes the dregs pay are miniscule if at all.

Not at all. A fifteen dollar an hour minimum wage generates several times more in federal income tax revenue. So what if the employer cuts a few jobs. The unemployed should be able to obtain unemployment compensation for as long as they want.

Hahahahaha you are pulling our legs arent you wacko....

lol. Yet, you are the one with nothing but fallacy of ad hominem.

 

[Ray From Cleveland]

Might be a good place for him pretty crazed even for a Dem.

What you'll come to understand about him is he says the same shit over and over again. He doesn't debate.

 

[HenryBHough]

If you own a business now is the time to sell it to China before Harris/Biden confiscates it. Take payment overseas and leave it overseas, out of their reach.