Reality sets in for Oregon governor

[Dont Taz Me Bro]

I'm all for raising the minimum wage. It's ripple effect helps the middle class according to everyone from Brookings Institute to the Cato Institute. And that group needs a pay raise desperately after over 35 years of flat wage growth. The working class knows this, thus the over 70% support for raising the minimum wage.
However, $15 is way too large of a jump. I would expect any employer would have a very rough time adjusting their budgeting. That kind of jump would definitely cause inflation and unemployment.
Factual history shows that raising the minimum wage gradually has had a minimal effect on inflation, unemployment and has no ill effects on the economy. It does have a positive effect, as it increases consumer spending, which is good for businesses.

What do righties think minimum wage earners will do with this extra cash? Put it in savings? Play the stock market? Gamble? They will put it back into the economy by buying goods and services.

Not when less of them are working as a result.

That is conjecture and remains to be seen.

The governor of Oregon doesn't seem to think so

 

[Dont Taz Me Bro]

I am proud of my governor as she is doing what needs to be done. Fuck these savages that want to destroy our national parks and give them to the corporations.

Fuck you republicans.

Which has absolutely nothing whatsoever to do with the topic at hand..... but carry on.......

 

[Dont Taz Me Bro]

Tax expenditures equals "Tax Write offs", in other words, have a FLAT progressive tax rate, and not have all of these things that are deductible through the long form.... maybe a lower "progressive tax rate" where everyone is treated the same as far as not having all of these things that can be written off to lower their tax rate

I would like to see a flat income tax rate on all income earned in excess of $50,000 a year.

 

[Flopper]

Minimum wage is far more a political issue than an economic issue. There have been a ton of economic studies on the effect of minimum wage increases. The overwhelming conclusion is increases in minimum wage have little impact on employment. Note the word little. Anytime the cost of doing business rises, there is some impact However, increases in minimum wage are offset by a number of factors. For example, increases in spendable income increase the demand for goods and services and thus labor. Some employers will raise prices. Other employers will increase efficiency of operation.

Minimum wages increase are not a cure for poverty nor or they a disaster for businesses. They certainly benefit valuable low paid employees but force some margin workers to seek other more suitable jobs or training to increase their skills.

 

[Care4all]

Tax expenditures equals "Tax Write offs", in other words, have a FLAT progressive tax rate, and not have all of these things that are deductible through the long form.... maybe a lower "progressive tax rate" where everyone is treated the same as far as not having all of these things that can be written off to lower their tax rate

I would like to see a flat income tax rate on all income earned in excess of $50,000 a year.

I had read that when income taxes were first instituted, the STANDARD DEDUCTION, was equivalent to $68,000 in today's dollars. Income tax was never meant to hit the middle class or lower, I suppose?

 

[Rustic]

Pure hyperbole, if someone needs a hand up that's fine but that's all they deserve. Public aid isn't a career choice

Do you think people in China work for a buck an hour or somesuch because they LIKE it?

They live in a socialist society what do you expect??

Apple is a government run company in China?

That's China who cares??
Some day their people will get sick of living under socialism...

You are confused.

You are, nothing good comes from socialism....

 

[Arianrhod]

Meanwhile, I understand someone finally had the presence of mind to shut off Internet access to the last of the yahoos who've refused to leave the building.

Why didn't someone think of this on Day One?

 

[Rustic]

Minimum wage is far more a political issue than an economic issue. There have been a ton of economic studies on the effect of minimum wage increases. The overwhelming conclusion is increases in minimum wage have little impact on employment. Note the word little. Anytime the cost of doing business rises, there is some impact However, increases in minimum wage are offset by a number of factors. For example, increases in spendable income increase the demand for goods and services and thus labor. Some employers will raise prices. Other employers will increase efficiency of operation.

Minimum wages increase are not a cure for poverty nor or they a disaster for businesses. They certainly benefit valuable low paid employees but force some margin workers to seek other more suitable jobs or training to increase their skills.

No one starts an business just to hire, the only feasible reason to start a business to make living off the profits. Dumbass
The only successful business is an debt free one operating within its means...
So everything depends operational costs...

 

[Flopper]

Tax expenditures equals "Tax Write offs", in other words, have a FLAT progressive tax rate, and not have all of these things that are deductible through the long form.... maybe a lower "progressive tax rate" where everyone is treated the same as far as not having all of these things that can be written off to lower their tax rate

I would like to see a flat income tax rate on all income earned in excess of $50,000 a year.

I had read that when income taxes were first instituted, the STANDARD DEDUCTION, was equivalent to $68,000 in today's dollars. Income tax was never meant to hit the middle class or lower, I suppose?

The first income tax in 1862 applied only to those with a wage of over $600 a year which was the standard deduction. In today's dollars it would be about $15,000.

 

[Rustic]

One thing i've learned in my years of observing angry greedy white Republican dude...

When he's bitchin & moanin, it means American Workers must be doing pretty good. It's when he's quiet, you have to worry. When he's quiet, that means American Workers are being completely flucked. Ole Bernie Sanders has em spooked. And that's a good thing. Someone's gotta keep em in check. Maybe Bernie is the man?

What's fucked up? is anyone thinking a career politician can fix a fucked up government their types fucked up to begin with... They have a word for that...
Insanity

 

[Rustic]

Oh whatever, and yes, fetch m an apple pie while you're at it.

Seriously, y'all celebrating Americans making less money is pretty sad. It's the ultimate hateful greedy mentality. Yeah, i'm beginning to think it is time for a an extreme Socialist/Communist like Bernie Sanders. He'll put y'all greedy white Republican dudes back in your place. You guys are forcing me to consider joining the Bernie Sanders Revolution.

Bernie don't know jack shit about reality after all he's a career politician...
They are only accustomed to taking...

Still, you guys make it miserable for American Workers every chance you get. You worship the greedy Corporate Fatcats, while hating & abusing the least fortunate among us. How do you guys live with yourselves? Maybe it is time for someone like ole Bernie? You guys need to be reigned in. You're out of control.

Life is not an charity, never was meant to be.
Now go hide..

Ha, and most of you greedy white Republican dudes consider yourselves 'Good Christians.' Jesus fed and clothed the least fortunate among him. He didn't turn his back on them because he didn't see monetary profit in it. Y'all greedy folks need to attend some 'Come to Jesus' meetings. I think it'll really help.

Ha, he's calling me a white guy. Lol

 

[Preacher]

That damn reality slaps the left in the face every time.

Oregon Governor Abandons $15+ Minimum Wage

Facing a barrage of criticism from business, and labor skepticism over threats of higher unemployment, Oregon Governor Kate Brown is scaling back her $15.52 minimum wage proposal.

A November report by the Manhattan Institute, “Counterproductive: The Employment and Income Effects of Raising America’s Minimum Wage to $12 and to $15 per Hour,” concludes that raising minimum wages is likely to result in adverse consequences that would lower total national income levels.

“The earnings gained for those who would keep their jobs would be outweighed by the earnings lost by those who would become jobless,” the report detailed. “As a result, the net income gains tend to be smaller or more negative when using the annual earnings approach than when using the wage approach.”

Facing concerns from the right and the left that her minimum wage proposal was an obvious job killer in Oregon, Gov. Brown blinked on January 28 and has scaled back her proposal to only a $.50 raise per hour statewide July increase, from $9.25 to $9.75-per-hour. The Portland metro area would see an increase in July 2017 to $11.25 an hour, with the rest of the state’s minimum wages rising to $10.25 an hour.

Oregon Governor Abandons $15+ Minimum Wage - Breitbart

Sad. People will be stuck making min wage so the CEO's can make millions off the workers backs.

 

[Soggy in NOLA]

Seriously, y'all celebrating Americans making less money is pretty sad. It's the ultimate hateful greedy mentality. Yeah, i'm beginning to think it is time for a an extreme Socialist/Communist like Bernie Sanders. He'll put y'all greedy white Republican dudes back in your place. You guys are forcing me to consider joining the Bernie Sanders Revolution.

Bernie don't know jack shit about reality after all he's a career politician...
They are only accustomed to taking...

Still, you guys make it miserable for American Workers every chance you get. You worship the greedy Corporate Fatcats, while hating & abusing the least fortunate among us. How do you guys live with yourselves? Maybe it is time for someone like ole Bernie? You guys need to be reigned in. You're out of control.

Life is not an charity, never was meant to be.
Now go hide..

Ha, and most of you greedy white Republican dudes consider yourselves 'Good Christians.' Jesus fed and clothed the least fortunate among him. He didn't turn his back on them because he didn't see monetary profit in it. Y'all greedy folks need to attend some 'Come to Jesus' meetings. I think it'll really help.

Ha, he's calling me a white guy. Lol

He' a whackadoodle.

 

[Rustic]

These are minimum wage jobs:

No one is forced to take those minimum wage type jobs. Dumbass
Don't like to pay, don't like the job, get something better, quit being a victim, move up not down in life, quit feeling sorry for yourself, like I said life is no charity.
No wonder this country is getting their ass kicked...

In your opinion, are there enough jobs that aren't minimum wage in this country for every able bodied man and woman?

Everyone needs to make their way, it's not given. As it should be... Milky licker

 

[Rustic]

Bernie don't know jack shit about reality after all he's a career politician...
They are only accustomed to taking...

Still, you guys make it miserable for American Workers every chance you get. You worship the greedy Corporate Fatcats, while hating & abusing the least fortunate among us. How do you guys live with yourselves? Maybe it is time for someone like ole Bernie? You guys need to be reigned in. You're out of control.

Life is not an charity, never was meant to be.
Now go hide..

Ha, and most of you greedy white Republican dudes consider yourselves 'Good Christians.' Jesus fed and clothed the least fortunate among him. He didn't turn his back on them because he didn't see monetary profit in it. Y'all greedy folks need to attend some 'Come to Jesus' meetings. I think it'll really help.

Silly man, the Bible condemns laziness. You loons think Jesus was some Socialist and you couldn't be further from the truth

And cast ye the unprofitable servant into outer darkness: there shall be weeping and gnashing of teeth

Jesus didn't feed, clothe, and heal the least fortunate among him for monetary profit. He did it because they needed the help.

Well He is Jesus now isnt he, none of us are perfect. Apples to oranges... Deflection noted

 

[Maryland Patriot]

These are minimum wage jobs:

No one is forced to take those minimum wage type jobs. Dumbass
Don't like to pay, don't like the job, get something better, quit being a victim, move up not down in life, quit feeling sorry for yourself, like I said life is no charity.
No wonder this country is getting their ass kicked...

In your opinion, are there enough jobs that aren't minimum wage in this country for every able bodied man and woman?

Everyone needs to make their way, it's not given. As it should be... Milky licker

you do realize that you quoted a blank post from me and commented on it right?
Now, Im really not sure what a milky licker is but, if its something of a negative value, can we consider the response to a blank post as a entrance into the awards night for the most milky licker of the bunch?

 

[g5000]

Tax expenditures equals "Tax Write offs", in other words, have a FLAT progressive tax rate, and not have all of these things that are deductible through the long form.... maybe a lower "progressive tax rate" where everyone is treated the same as far as not having all of these things that can be written off to lower their tax rate

I would like to see a flat income tax rate on all income earned in excess of $50,000 a year.

I had read that when income taxes were first instituted, the STANDARD DEDUCTION, was equivalent to $68,000 in today's dollars. Income tax was never meant to hit the middle class or lower, I suppose?

The original income tax was only on the wealthy, yes.

And the tax form was one page.

But as government grew, so did the tax bill.

 

[Care4all]

Tax expenditures equals "Tax Write offs", in other words, have a FLAT progressive tax rate, and not have all of these things that are deductible through the long form.... maybe a lower "progressive tax rate" where everyone is treated the same as far as not having all of these things that can be written off to lower their tax rate

I would like to see a flat income tax rate on all income earned in excess of $50,000 a year.

I had read that when income taxes were first instituted, the STANDARD DEDUCTION, was equivalent to $68,000 in today's dollars. Income tax was never meant to hit the middle class or lower, I suppose?

The first income tax in 1862 applied only to those with a wage of over $600 a year which was the standard deduction. In today's dollars it would be about $15,000.

let me find the link i had read, it could have been when income tax was first instituted with employer taking out the taxes....? give me a few minutes...to find it.

 

[Rustic]

I'm all for raising the minimum wage. It's ripple effect helps the middle class according to everyone from Brookings Institute to the Cato Institute. And that group needs a pay raise desperately after over 35 years of flat wage growth. The working class knows this, thus the over 70% support for raising the minimum wage.
However, $15 is way too large of a jump. I would expect any employer would have a very rough time adjusting their budgeting. That kind of jump would definitely cause inflation and unemployment.
Factual history shows that raising the minimum wage gradually has had a minimal effect on inflation, unemployment and has no ill effects on the economy. It does have a positive effect, as it increases consumer spending, which is good for businesses.

What do righties think minimum wage earners will do with this extra cash? Put it in savings? Play the stock market? Gamble? They will put it back into the economy by buying goods and services.

It's not federal government's place to dictate budget decisions, they have less than zero credibility on the subject. The federal government has been drowning in debt for many decades, that along is disqualifying...

 

[Rustic]

I'm all for raising the minimum wage. It's ripple effect helps the middle class according to everyone from Brookings Institute to the Cato Institute. And that group needs a pay raise desperately after over 35 years of flat wage growth. The working class knows this, thus the over 70% support for raising the minimum wage.
However, $15 is way too large of a jump. I would expect any employer would have a very rough time adjusting their budgeting. That kind of jump would definitely cause inflation and unemployment.
Factual history shows that raising the minimum wage gradually has had a minimal effect on inflation, unemployment and has no ill effects on the economy. It does have a positive effect, as it increases consumer spending, which is good for businesses.

What do righties think minimum wage earners will do with this extra cash? Put it in savings? Play the stock market? Gamble? They will put it back into the economy by buying goods and services.

Not when less of them are working as a result.

That is conjecture and remains to be seen. Most min wage earners are still stuck at $7.25/hr. Let's not forget that Walmart puts out donation bins for their employees every holiday and many of them are on SNAP cards and welfare. Who pays for that?

So punish the successful??