iamwhatiseem
Diamond Member
IRS can fix that with tax breaks etc.The average PRE-TAX income of a McDonalds store is $150,000.As long as businesses can make a profit off of low wage workersSo the RW here would rather that workers get paid less than $10 an hour and be on food stamps...
However, the cost to the owner is between $1 mil and $2 mil depending on size and location.
Currently the average number of employees per store is 18 (half what it was 10 years ago)
Let's say they average 26 hours a week. 26x18 = 468 hours. Average pay at McDonalds today is roughly $9/hr.
Increasing by $6 would cost the owner just over $146,000.
So the store would instantly break even at best.
What do you think will happen to the prices?
We bailed out Wall Street, and now it's time to do the same for Main Street.
You mean the Obama administration bailed out Wall Street.