Biden says he'll raise all the money needed by taxing anyone making over $400,000 a year.

There will be no problem since he can promise that GDP growth will be 5% a year...


So how does Biden pay for it...

Reverse the Trump tax cut for rich and corporates... $1.5 trillion
Increase tax on Rich (> 400k per year)... $1 Trillion.

Borrow infrastruction expense and pay off over increased production (Capital expendeture)... $1.3 trillion

Education pays off in increased tax revenue. It also drives an economy...

Housing plan will also drive economic activity in the construction market... Homeless are expensive cost on a city...

Combating opioid epidemic: Borrow the money, Cutting funding to poor will just make this worse...


This is all better than ploughing the money in to hole in the dessert. $2.4 billion.
.


You wrote: Increase tax on Rich (> 400k per year)... $1 Trillion How do you figure that? YOU have NOTHING to prove your statement. JUST a guess... I ON the other hand have a link... follow the link!

the government estimates that raising the tax rate on this small group will raise about $600 billion in new revenues over the next decade.
The Poor are a larger group. Raise the minimum wage until the Poor pay enough in taxes.
Here is a simple example of what raising the minimum wage means IF YOU owned a restaurant.
Note the 2nd largest % of revenue (gross sales) is salaries and wages..@ 15.1%
So if the salaries/wages go up just 5%... there is no profit...therefore no business!
View attachment 379079
lol. Nobody takes right wingers seriously about economics. Labor costs are only 3.6 percent in your own list.
NO YOU dummy!
So if the salary and wages are doubled... then dummy Labor costs will become 30% not 15.1% from that list
MORE proof dummy which you evidently don't know how to use the internet to find out FACTS!!!


the average labor cost generated by front- and back-of-the-house positions across all restaurant categories comprises 30.5 percent of sales revenue What Is Normal for a Restaurant's Labor Cost Percentage?

Restaurateurs commonly aim to keep labor costs between 20% and 30% of gross revenue.

Restaurants whose average ticket totals between $15 and $25 typically spend 33.2 percent of gross sales on labor expenses.
View attachment 379136
View attachment 379135
Minimum wage labor is not the whole labor force.
Why don't we just pay everyone $1000/hr?
Sounds good to me.
Of course, a loaf of bread will cost 10K.
You just don’t understand left wing math. In their minds you can still sell a loaf of bread for two dollars and pay everyone making it 50 bucks an hour. It’s not a problem.
 
There will be no problem since he can promise that GDP growth will be 5% a year...


So how does Biden pay for it...

Reverse the Trump tax cut for rich and corporates... $1.5 trillion
Increase tax on Rich (> 400k per year)... $1 Trillion.

Borrow infrastruction expense and pay off over increased production (Capital expendeture)... $1.3 trillion

Education pays off in increased tax revenue. It also drives an economy...

Housing plan will also drive economic activity in the construction market... Homeless are expensive cost on a city...

Combating opioid epidemic: Borrow the money, Cutting funding to poor will just make this worse...


This is all better than ploughing the money in to hole in the dessert. $2.4 billion.
.


You wrote: Increase tax on Rich (> 400k per year)... $1 Trillion How do you figure that? YOU have NOTHING to prove your statement. JUST a guess... I ON the other hand have a link... follow the link!

the government estimates that raising the tax rate on this small group will raise about $600 billion in new revenues over the next decade.
The Poor are a larger group. Raise the minimum wage until the Poor pay enough in taxes.
Here is a simple example of what raising the minimum wage means IF YOU owned a restaurant.
Note the 2nd largest % of revenue (gross sales) is salaries and wages..@ 15.1%
So if the salaries/wages go up just 5%... there is no profit...therefore no business!
View attachment 379079
lol. Nobody takes right wingers seriously about economics. Labor costs are only 3.6 percent in your own list.
NO YOU dummy!
So if the salary and wages are doubled... then dummy Labor costs will become 30% not 15.1% from that list
MORE proof dummy which you evidently don't know how to use the internet to find out FACTS!!!


the average labor cost generated by front- and back-of-the-house positions across all restaurant categories comprises 30.5 percent of sales revenue What Is Normal for a Restaurant's Labor Cost Percentage?

Restaurateurs commonly aim to keep labor costs between 20% and 30% of gross revenue.

Restaurants whose average ticket totals between $15 and $25 typically spend 33.2 percent of gross sales on labor expenses.
View attachment 379136
View attachment 379135
Minimum wage labor is not the whole labor force.
Why don't we just pay everyone $1000/hr?

sometimes you just have to love, right wing fantasy.
 
There will be no problem since he can promise that GDP growth will be 5% a year...


So how does Biden pay for it...

Reverse the Trump tax cut for rich and corporates... $1.5 trillion
Increase tax on Rich (> 400k per year)... $1 Trillion.

Borrow infrastruction expense and pay off over increased production (Capital expendeture)... $1.3 trillion

Education pays off in increased tax revenue. It also drives an economy...

Housing plan will also drive economic activity in the construction market... Homeless are expensive cost on a city...

Combating opioid epidemic: Borrow the money, Cutting funding to poor will just make this worse...


This is all better than ploughing the money in to hole in the dessert. $2.4 billion.
.


You wrote: Increase tax on Rich (> 400k per year)... $1 Trillion How do you figure that? YOU have NOTHING to prove your statement. JUST a guess... I ON the other hand have a link... follow the link!

the government estimates that raising the tax rate on this small group will raise about $600 billion in new revenues over the next decade.
The Poor are a larger group. Raise the minimum wage until the Poor pay enough in taxes.
Here is a simple example of what raising the minimum wage means IF YOU owned a restaurant.
Note the 2nd largest % of revenue (gross sales) is salaries and wages..@ 15.1%
So if the salaries/wages go up just 5%... there is no profit...therefore no business!
View attachment 379079
lol. Nobody takes right wingers seriously about economics. Labor costs are only 3.6 percent in your own list.
NO YOU dummy!
So if the salary and wages are doubled... then dummy Labor costs will become 30% not 15.1% from that list
MORE proof dummy which you evidently don't know how to use the internet to find out FACTS!!!


the average labor cost generated by front- and back-of-the-house positions across all restaurant categories comprises 30.5 percent of sales revenue What Is Normal for a Restaurant's Labor Cost Percentage?

Restaurateurs commonly aim to keep labor costs between 20% and 30% of gross revenue.

Restaurants whose average ticket totals between $15 and $25 typically spend 33.2 percent of gross sales on labor expenses.
View attachment 379136
View attachment 379135
Minimum wage labor is not the whole labor force.
Why don't we just pay everyone $1000/hr?
Sounds good to me.
Of course, a loaf of bread will cost 10K.
You just don’t understand left wing math. In their minds you can still sell a loaf of bread for two dollars and pay everyone making it 50 bucks an hour. It’s not a problem.

So what if bread cost four dollars an hour and pay Labor a higher minimum wage.
 
And so idiots like those of you supporting a $15.00 minimum wage just don't understand.... way to destroy people's lives!
This is a peculiar and challenging time for us all. But no other industry is suffering more than our restaurant industry. “The economy stands to lose 4% of GDP without immediate assistance to local restaurants,” notes theIndependent Restaurant Coalition. Luckily, the industry is full of creative, imaginative individuals who are pivoting to meet the needs of our current crisis.
How does paying Labor more destroy people's lives? Anyone who knows anything about economics understand a positive multiplier effect.
Hey you are right. When no other costs can be contained, (see attached) i.e. all the below including salaries and wages (15.1%) time for the robots. That is the solution because all the other costs are already low. The 2nd largest cost would totally skyrocket at a minimum wage of $15.00/hour. So the costs of a robot meal server is about Chinese restaurants started to replace their workers with robots as early as 2006. Though some have proven pretty incompetent, they're still cheaper than human wait staff — the approximate $1,200 up-front cost per robot is just a couple months' salary for an average server in China (though robot prices vary).
The robot wait staff costs drop considerably compared to humans.
So you are right.

View attachment 379269
You own list show Labor costs at 3.6 percent. Where are you getting your point of view from?

And, who cares if robots replace minimum wage jobs; less problems with pandemics in the future. With equal protection of the laws, Persons could obtain unemployment compensation for simply being unemployed in our at-will employment States. We should have no homeless problem in our first world economy. Persons could then go to school as long as they want to command a better wage or simply learn how to invest on an at-will basis; after ten years or so, they could probably become rich (enough).
Your parents never taught you work ethic did they? Or economics, or how money is made.

If you work at will, you get paid at will. Which means no pay at all for not working.
 
There will be no problem since he can promise that GDP growth will be 5% a year...


So how does Biden pay for it...

Reverse the Trump tax cut for rich and corporates... $1.5 trillion
Increase tax on Rich (> 400k per year)... $1 Trillion.

Borrow infrastruction expense and pay off over increased production (Capital expendeture)... $1.3 trillion

Education pays off in increased tax revenue. It also drives an economy...

Housing plan will also drive economic activity in the construction market... Homeless are expensive cost on a city...

Combating opioid epidemic: Borrow the money, Cutting funding to poor will just make this worse...


This is all better than ploughing the money in to hole in the dessert. $2.4 billion.
.


You wrote: Increase tax on Rich (> 400k per year)... $1 Trillion How do you figure that? YOU have NOTHING to prove your statement. JUST a guess... I ON the other hand have a link... follow the link!

the government estimates that raising the tax rate on this small group will raise about $600 billion in new revenues over the next decade.
The Poor are a larger group. Raise the minimum wage until the Poor pay enough in taxes.
Here is a simple example of what raising the minimum wage means IF YOU owned a restaurant.
Note the 2nd largest % of revenue (gross sales) is salaries and wages..@ 15.1%
So if the salaries/wages go up just 5%... there is no profit...therefore no business!
View attachment 379079
lol. Nobody takes right wingers seriously about economics. Labor costs are only 3.6 percent in your own list.
NO YOU dummy!
So if the salary and wages are doubled... then dummy Labor costs will become 30% not 15.1% from that list
MORE proof dummy which you evidently don't know how to use the internet to find out FACTS!!!


the average labor cost generated by front- and back-of-the-house positions across all restaurant categories comprises 30.5 percent of sales revenue What Is Normal for a Restaurant's Labor Cost Percentage?

Restaurateurs commonly aim to keep labor costs between 20% and 30% of gross revenue.

Restaurants whose average ticket totals between $15 and $25 typically spend 33.2 percent of gross sales on labor expenses.
View attachment 379136
View attachment 379135
Minimum wage labor is not the whole labor force.
Why don't we just pay everyone $1000/hr?
Sounds good to me.
Of course, a loaf of bread will cost 10K.
You just don’t understand left wing math. In their minds you can still sell a loaf of bread for two dollars and pay everyone making it 50 bucks an hour. It’s not a problem.

So what if bread cost four dollars an hour and pay Labor a higher minimum wage.
Fucking what?
 
And so idiots like those of you supporting a $15.00 minimum wage just don't understand.... way to destroy people's lives!
This is a peculiar and challenging time for us all. But no other industry is suffering more than our restaurant industry. “The economy stands to lose 4% of GDP without immediate assistance to local restaurants,” notes theIndependent Restaurant Coalition. Luckily, the industry is full of creative, imaginative individuals who are pivoting to meet the needs of our current crisis.
How does paying Labor more destroy people's lives? Anyone who knows anything about economics understand a positive multiplier effect.
Hey you are right. When no other costs can be contained, (see attached) i.e. all the below including salaries and wages (15.1%) time for the robots. That is the solution because all the other costs are already low. The 2nd largest cost would totally skyrocket at a minimum wage of $15.00/hour. So the costs of a robot meal server is about Chinese restaurants started to replace their workers with robots as early as 2006. Though some have proven pretty incompetent, they're still cheaper than human wait staff — the approximate $1,200 up-front cost per robot is just a couple months' salary for an average server in China (though robot prices vary).
The robot wait staff costs drop considerably compared to humans.
So you are right.

View attachment 379269
You own list show Labor costs at 3.6 percent. Where are you getting your point of view from?

And, who cares if robots replace minimum wage jobs; less problems with pandemics in the future. With equal protection of the laws, Persons could obtain unemployment compensation for simply being unemployed in our at-will employment States. We should have no homeless problem in our first world economy. Persons could then go to school as long as they want to command a better wage or simply learn how to invest on an at-will basis; after ten years or so, they could probably become rich (enough).
You can't even read a simple chart, Simpleton.
 
..they already pay MORE than their share
MORE taxes is going to kill the US
Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.

COME TO THE DARK SIDE Poster | Beth Shackel | Keep Calm-o-Matic
"...we have free shit."


.
Raise the minimum wage until the Poor pay their fair capital share!
Now, now, don't start that whole thing back up again, Daniel. You've been taken to school so many times they don't even have to write your name down.
You need valid arguments not appeals to ignorance to convince me.
Here's the thing. You've been presented with those arguments over and over again, and over and over again you have failed to counter them in any meaningful way. Yet you continue regurgitating the same failed arguments, over and over again. You close your ears and eyes and ignore anything that runs counter to your chosen narrative.
Isn't right wing fantasy wonderful. Y'all need valid arguments not appeals to ignorance or continuance, diversion, and other forms of fallacies.
You've been given all the valid arguments you need to form solid opinions. Use them.
 
..they already pay MORE than their share
MORE taxes is going to kill the US
Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.

COME TO THE DARK SIDE Poster | Beth Shackel | Keep Calm-o-Matic
"...we have free shit."


.
Raise the minimum wage until the Poor pay their fair capital share!
Now, now, don't start that whole thing back up again, Daniel. You've been taken to school so many times they don't even have to write your name down.
You need valid arguments not appeals to ignorance to convince me.
Here's the thing. You've been presented with those arguments over and over again, and over and over again you have failed to counter them in any meaningful way. Yet you continue regurgitating the same failed arguments, over and over again. You close your ears and eyes and ignore anything that runs counter to your chosen narrative.
Isn't right wing fantasy wonderful. Y'all need valid arguments not appeals to ignorance or continuance, diversion, and other forms of fallacies.
You've been given all the valid arguments you need to form solid opinions. Use them.
Maybe in right wing fantasy. Here you need to resort to the fewest fallacies in the clean debate zone.
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
Ad hominems are usually considered fallacies. Want to try again without resorting to fallacy; or, I already won.
 
..they already pay MORE than their share
MORE taxes is going to kill the US
Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.

COME TO THE DARK SIDE Poster | Beth Shackel | Keep Calm-o-Matic
"...we have free shit."


.
Raise the minimum wage until the Poor pay their fair capital share!
I'd almost like to see the left try this just to hear the HOWLS of indignation when the POOR get a bill in the mail from the IRS for the taxes they owe!
lol. They want to be taken as seriously as the Rich.

Oh, they'll be "taken" all right! It will take a little while for them to figure out that a big raise doesn't mean a thing if the cost of everything they buy goes up as well plus they'll now be paying your tax! When they DO figure it out...they aren't going to be pissed at conservatives, Daniel...they're going to be pissed at the liberals who duped them!
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
Ad hominems are usually considered fallacies. Want to try again without resorting to fallacy; or, I already won.
So what happens when you raise the minimum wage by a large amount, Daniel? Explain to me how you don't see a cascading effect of raises to everyone else? Then explain how once the huge increase in labor costs are passed along to the consumer...as they will have to be...it means that the poor actually receive more than they have now because everything they buy will now cost more?
 
..they already pay MORE than their share
MORE taxes is going to kill the US
Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.

COME TO THE DARK SIDE Poster | Beth Shackel | Keep Calm-o-Matic
"...we have free shit."


.
Raise the minimum wage until the Poor pay their fair capital share!
I'd almost like to see the left try this just to hear the HOWLS of indignation when the POOR get a bill in the mail from the IRS for the taxes they owe!
lol. They want to be taken as seriously as the Rich.

Oh, they'll be "taken" all right! It will take a little while for them to figure out that a big raise doesn't mean a thing if the cost of everything they buy goes up as well plus they'll now be paying your tax! When they DO figure it out...they aren't going to be pissed at conservatives, Daniel...they're going to be pissed at the liberals who duped them!
Wages need to outpace inflation on an Institutional basis. And, higher paid Labor should be able to afford an accountant. Because, higher paid Labor creates more in Demand and can pay more in Taxes.
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
DP is an economic moron.
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
Ad hominems are usually considered fallacies. Want to try again without resorting to fallacy; or, I already won.
So what happens when you raise the minimum wage by a large amount, Daniel? Explain to me how you don't see a cascading effect of raises to everyone else? Then explain how once the huge increase in labor costs are passed along to the consumer...as they will have to be...it means that the poor actually receive more than they have now because everything they buy will now cost more?
Higher paid Labor creates more in Demand and pays more Taxes; it is termed and styled, a Positive multiplier effect.
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
Forget economic theories, he can't even look at a table and see simple numbers.
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
DP is an economic moron.
Says the guy who has Nothing but ad hominems not Any valid arguments, whatsoever. How, Right Wing of You.
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
Ad hominems are usually considered fallacies. Want to try again without resorting to fallacy; or, I already won.
So what happens when you raise the minimum wage by a large amount, Daniel? Explain to me how you don't see a cascading effect of raises to everyone else? Then explain how once the huge increase in labor costs are passed along to the consumer...as they will have to be...it means that the poor actually receive more than they have now because everything they buy will now cost more?
Higher paid Labor creates more in Demand and pays more Taxes; it is termed and styled, a Positive multiplier effect.
Why not pay kids at McDonalds $1000 an hour?
 
Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.
What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?
Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.



So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.
Simple math, right wingers. Even more difficult than simple English, right wingers.
Never took a single Economic class...did you, Daniel?
You never had a valid argument for rebuttal did you, Oldstyle.
How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.
Forget economic theories, he can't even look at a table and see simple numbers.
I see Labor costs at 3.6 percent.
 
..they already pay MORE than their share
MORE taxes is going to kill the US
Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.

COME TO THE DARK SIDE Poster | Beth Shackel | Keep Calm-o-Matic
"...we have free shit."


.
Raise the minimum wage until the Poor pay their fair capital share!
I'd almost like to see the left try this just to hear the HOWLS of indignation when the POOR get a bill in the mail from the IRS for the taxes they owe!
lol. They want to be taken as seriously as the Rich.

Oh, they'll be "taken" all right! It will take a little while for them to figure out that a big raise doesn't mean a thing if the cost of everything they buy goes up as well plus they'll now be paying your tax! When they DO figure it out...they aren't going to be pissed at conservatives, Daniel...they're going to be pissed at the liberals who duped them!
Wages need to outpace inflation on an Institutional basis. And, higher paid Labor should be able to afford an accountant. Because, higher paid Labor creates more in Demand and can pay more in Taxes.
Higher wages CAUSE inflation! You really don't grasp the concept...do you, Daniel?
 

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