Unfettered Capitalism

[danielpalos]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

 

[Indeependent]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

 

[danielpalos]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue than we do now with the current minimum wage.

 

[Indeependent]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue that we do now with the current minimum wage.

You must realize that every Bill that is passed contains more legislation than just the title of the Bill.
The legislators will raise the MW and will raise taxes targeting that wage level.
One of the reasons they will raise taxes targeting that wage level is because they will pack one or more pet projects into that bill that will need more tax dollars to pay for it.
Politicians never lose.

 

[danielpalos]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue that we do now with the current minimum wage.

You must realize that every Bill that is passed contains more legislation than just the title of the Bill.
The legislators will raise the MW and will raise taxes targeting that wage level.
One of the reasons they will raise taxes targeting that wage level is because they will pack one or more pet projects into that bill that will need more tax dollars to pay for it.
Politicians never lose.

Why would they need to do that if simply raising the minimum wage to fifteen dollars an hour will generate around five times more in federal income tax revenue than is currently being generated at the current minimum wage? Higher paid labor creates more in Demand and pays more in Tax revenue in every long run equilibrium.

 

[Dr Grump]

Socialism is government control over the economy. It's central economic planning. That is the opposite of capitalism, which is distributed economic planning. Capitalism is just economic freedom. In capitalism, consumers, suppliers, employees, employers make our own best decisions. Only government can centrally plan an economy because only government can use guns to force people to make choices against our best interest.

We understand it fine, comrade. You don't know what you're talking about

Name a socialist country in Western Europe. Just one that meets the above criteria.

Today in Western Europe they have large socialist programs, but not direct central economic planning. Germany, Italy, Spain were socialist, but they failed and while having massive socialist programs are largely free market economies. Though the heavy taxes and redistribution of wealth are large socialist programs and those exist across Western Europe

I'd say more Portugal and Greece were socialist. And they are paying for it now, especially Greece. Socialist programs amongst a capitalist regime is not socialism.

 

[Indeependent]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue that we do now with the current minimum wage.

You must realize that every Bill that is passed contains more legislation than just the title of the Bill.
The legislators will raise the MW and will raise taxes targeting that wage level.
One of the reasons they will raise taxes targeting that wage level is because they will pack one or more pet projects into that bill that will need more tax dollars to pay for it.
Politicians never lose.

Why would they need to do that if simply raising the minimum wage to fifteen dollars an hour will generate five times more in federal income tax revenue than is currently being generated at the current minimum wage? Higher paid labor creates more in Demand and pays more in Tax revenue in every long run equilibrium.

OMG! You are either an idiot, really naive or related to a scummy politician.
Every bill that is passed raises Municipal taxes.
Are you that oblivious?

 

[Dr Grump]

My God government schools are apparently as bad in New Zealand as they are here. Sorry, guy. Try reading my post again. Read slower and try to sound it out if you have to. Or maybe you're right and you're a moron. Companies have to compete with other companies for your business. Government eliminates its competition. And you think people work harder when they aren't accountable. You're not a functioning adult

And in unfettered capitalism you have a similar thing except monopolies are eliminating competition...Why do you think the Sherman Act came into being.

Name sustained monopolies where the competition was not eliminated by government. Go ...

Standard Oil if they had their way. But that is the point. The government stopped it from happening. Microsoft kinda, too...although that was an altogether different beast.

 

[Dick Foster]

As far as economics go, 99% of liberoidals haven't the first idea what they're blabbering about.

And not many of them have any money either. There's that old saying about fools and their money being easily parted that keeps being reinforced.

 

[danielpalos]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue that we do now with the current minimum wage.

You must realize that every Bill that is passed contains more legislation than just the title of the Bill.
The legislators will raise the MW and will raise taxes targeting that wage level.
One of the reasons they will raise taxes targeting that wage level is because they will pack one or more pet projects into that bill that will need more tax dollars to pay for it.
Politicians never lose.

Why would they need to do that if simply raising the minimum wage to fifteen dollars an hour will generate five times more in federal income tax revenue than is currently being generated at the current minimum wage? Higher paid labor creates more in Demand and pays more in Tax revenue in every long run equilibrium.

OMG! You are either an idiot, really naive or related to a scummy politician.
Every bill that is passed raises Municipal taxes.
Are you that oblivious?

Local taxes are passed by local jurisdictions not the federal government.

 

[Toddsterpatriot]

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue than we do now with the current minimum wage.

When YOU start your own business, YOU should definitely do that.

 

[Indeependent]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue that we do now with the current minimum wage.

You must realize that every Bill that is passed contains more legislation than just the title of the Bill.
The legislators will raise the MW and will raise taxes targeting that wage level.
One of the reasons they will raise taxes targeting that wage level is because they will pack one or more pet projects into that bill that will need more tax dollars to pay for it.
Politicians never lose.

Why would they need to do that if simply raising the minimum wage to fifteen dollars an hour will generate five times more in federal income tax revenue than is currently being generated at the current minimum wage? Higher paid labor creates more in Demand and pays more in Tax revenue in every long run equilibrium.

OMG! You are either an idiot, really naive or related to a scummy politician.
Every bill that is passed raises Municipal taxes.
Are you that oblivious?

Local taxes are passed by local jurisdictions not the federal government.

I presume you've never been to a political club.
Try to attend one and see who shows up.

 

[danielpalos]

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue than we do now with the current minimum wage.

When YOU start your own business, YOU should definitely do that.

Sure, no problem. I am not on the right wing and only know how to lose money with a Commerce Clause and a Central bank.

 

[danielpalos]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue that we do now with the current minimum wage.

You must realize that every Bill that is passed contains more legislation than just the title of the Bill.
The legislators will raise the MW and will raise taxes targeting that wage level.
One of the reasons they will raise taxes targeting that wage level is because they will pack one or more pet projects into that bill that will need more tax dollars to pay for it.
Politicians never lose.

Why would they need to do that if simply raising the minimum wage to fifteen dollars an hour will generate five times more in federal income tax revenue than is currently being generated at the current minimum wage? Higher paid labor creates more in Demand and pays more in Tax revenue in every long run equilibrium.

OMG! You are either an idiot, really naive or related to a scummy politician.
Every bill that is passed raises Municipal taxes.
Are you that oblivious?

Local taxes are passed by local jurisdictions not the federal government.

I presume you've never been to a political club.
Try to attend one and see who shows up.

still nothing to do with local taxes being raised by the federal government. only right wingers prefer to make up right wing fantasy as they go along.

 

[Indeependent]

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue than we do now with the current minimum wage.

When YOU start your own business, YOU should definitely do that.

Sure, no problem. I am not on the right wing and only know how to lose money with a Commerce Clause and a Central bank.

You are happy with the status quo of people being under-educated; I am not.

 

[Indeependent]

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

Zero.

A free market is the target of any totalitarian regime, and why Marxism is so appealing to dictators.

Imagine how much power the state must have to not only monitor every financial transaction made, but to then redistribute the funds accordingly the way they think is "socially just". Such power requires 24/7 surveillance of every man, woman, and child with unlimited power to take from them what you think they should not have.

Raising the minimum wage can help even the Poor afford Justice under our form of Capitalism.

Commie talk.

MW should be zero.

Why do you believe that under our form of Capitalism? Social services cost the equivalent to fourteen dollars an hour and is a reason for a fifteen dollar an hour minimum wage.

Even though I am aware that are mentally ill and will click the Smiley, $15.00/hour has one living in a slum and receiving public assistance, which is right where the recipient was in the first place.

Maybe, but using less public assistance and more able to participate in our market based economy. And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

And, someone making fifteen dollars an hour pays around five time more in federal income taxes than someone on the current federal minimum wage.

How many dollars in federal income taxes will they pay at $15?
How many dollars in federal income taxes do they pay at the current federal minimum wage?

I don't want to be accused of bearing false witness with statistics.

Income Tax Calculator - USA - Salary After Taxes

neuvoo™ 【 Online Salary and Tax Calculator 】 provides your income after tax if you work in USA. We calculate how much your payroll will be after tax deductions in any region. Find your net pay for any salary. Our data is based on 2020 tax tables from USA

neuvoo.com

Lay it on the table...
$15.00 * 5 (days a week) * 4 (weeks a month) * 50 (2 weeks vacation)
Go ahead and calculate that spectacular annual wage that will be taxed at 1%.

Someone making the current federal minimum wage pays around three hundred dollars in federal income taxes while someone making fifteen dollars an hour pays around five times more in those taxes.

In other words, they pay into some of the social welfare they receive.

The cool thing is that the legislators in slums do nothing about that tax.
The other cool thing is that the legislators in slums do nothing about raising the slum above the level of a slum.

Find a dream team to fix the problem without turning the US into another Venezuela.

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue that we do now with the current minimum wage.

You must realize that every Bill that is passed contains more legislation than just the title of the Bill.
The legislators will raise the MW and will raise taxes targeting that wage level.
One of the reasons they will raise taxes targeting that wage level is because they will pack one or more pet projects into that bill that will need more tax dollars to pay for it.
Politicians never lose.

Why would they need to do that if simply raising the minimum wage to fifteen dollars an hour will generate five times more in federal income tax revenue than is currently being generated at the current minimum wage? Higher paid labor creates more in Demand and pays more in Tax revenue in every long run equilibrium.

OMG! You are either an idiot, really naive or related to a scummy politician.
Every bill that is passed raises Municipal taxes.
Are you that oblivious?

Local taxes are passed by local jurisdictions not the federal government.

I presume you've never been to a political club.
Try to attend one and see who shows up.

still nothing to do with local taxes being raised by the federal government. only right wingers prefer to make up right wing fantasy as they go along.

OMG!
Reagan lowered the Tax Rate.
NYS immediately raised State Taxes.
Educate yourself.

 

[Toddsterpatriot]

They could raise the minimum wage to fifteen dollars an hour to generate around five times more in tax revenue than we do now with the current minimum wage.

When YOU start your own business, YOU should definitely do that.

Sure, no problem. I am not on the right wing and only know how to lose money with a Commerce Clause and a Central bank.

Paying unskilled workers $15 when they produce much less value is another way you know how to lose money.

 

[georgephillip]

I suggest that the workers make sure their children study and grow up to become owners.

That sounds like an endorsement of worker self-directed enterprises where all employees decide policy democratically?

Democratizing the Workplace through “Worker Self-Directed Enterprises”

"Our core goal is the development of a major (and, if possible, prevailing) sector of the economy that is comprised of enterprises (offices, factories, farms, and stores) in which the employees democratically perform the following key enterprise activities: (a) divide all the labors to be performed, (b) determine what is to be produced, how it is to be produced, and where it is to be produced, and (c) decide on the use and distribution of the resulting output or revenues (if output is monetized)."

 

[Andylusion]

Look at Gujarat Province in India. They had a massive Earthquake. The government decided to have regulation free zones. The companies could make whatever they wanted. Companies built the sea port, built the water utilities, built roads, built the rail tracks, and a highway to the other province. They built homes, and power systems, and sewers.

Why do you make claims like this without providing any supporting evidence? Is this the earthquake you're referring to?

"The 2001 Gujarat earthquake, also known as the Bhuj earthquake, occurred on 26 January, India's 52nd Republic Day, at 08:46 am IST. The epicentre was about 9 km south-southwest of the village of Chobari in Bhachau Taluka of Kutch District of Gujarat, India.[5]"

2001 Gujarat earthquake - Wikipedia

Yes.

NSDP: The Gujarat miracle: There is no denying the major economic advances the state has made under Narendra Modi - Times of India

Home News: With a high and rapidly rising per-capita income, it should come as no surprise that Gujarat has a significantly lower poverty ratio than India as a w

timesofindia.indiatimes.com

 

[Andylusion]

Where is Indymac bank? Where is Countrywide Financial? Where Bear Stearns today? Where is Lehman Brothers?

How many of their CEOs faced criminal charges?

https://www.cnbc.com/video/2017/01/19/mnuchin-i-moved-to-save-indymac-during-crisis.html

The number that were actually engaging in crime, unless they were part of the government.

Specifically Franklin Raines was caught clearly and undeniably committing fraud with false profit reports when they were losing money, and nothing happened to him... but of course he was part of government.

As for all these other false examples, creating a risky loan is not a crime. If a bank wants to make a bad loan, there is nothing illegal about that, and I have no problem with it.

What I do have a problem with, is claiming that the government should bailout that bad loan. Of course I'm a conservative, so I believe in something called.... "Bankruptcy". When you make bad choices, you should end up in "Bankruptcy". I don't have a problem with that.

Left-wingers are the people who believe in something called "Too big to fail", which is the idea that government can't allow a company to fail when it gets too big.

I don't buy that argument. Iceland allowed all their major banks to completely fail, and end up in bankruptcy, and the result was Iceland, without socialism, recovered faster than the US.