If you didn't want to work at Mcdonalds, you shouldn't have dropped out of college because you never went to class because "Life is too short" was more important than focusing on your future five years ago.
Ok Peter, I want to break this down further, because you have made some rather insulting assumptions here that I don't think you intended, but none the less exist. So....
It is "unsettling", your word here not mine, because when you have an entry level job like fast food, or grocery store stocking, or WalMart worker, and their wage just arbitrarily raised to levels that many paths of other high school educated workforce that took them years to achieve, just because you do a couple of things...I'm not sure why that's unsettling to you.
1. You take away incentive for people to move on from these jobs, thereby increasing the unemployment problem for those entering the workforce in the future.
2. You instantly increase the cost of goods and services, because if the average fast food entry level worker is making $19.23 per hour based on a 40 hour work week to arrive at your $40K number, then the cost of every other worker out there in jobs also rises to applicable rates, ie; my job for example then rises to $76.92 per hour....And the cost of every good, or service in turn rises...So, in the end that $40K all of the sudden buy's the same as $16K does today...Then what? Raise it to $100K?
My taxes are constantly going up. Last year, I made about the same as this year...Last year I paid about $8k in withholding federally, and this year, I paid over $10K So what are you talking about?It's not like your taxes would go up to pay for it.
Peter, I assume you are a believing man, after all you used to use the Catholic symbol for Christ as your avatar. Stealing from those whom have succeeded, and redistributing to those whom have not, is a failing strategy...The best way to bring these people up, is to have a more open model of capitalism.I say we should institute an additional 20% tax on the millionaires and billionaires (top 1 percent) and use that money to directly redistribute to the poorest Americans in the form of a check in the mail.
I would ask you just who the hell do you think you are to say that someone else can, or can't afford something? What an arrogant, assuming position to take. The "wealthy" now pay something like 76% of all federal income taxes collected, and 47% pay nothing at all, and in fact get a return in the form of "earned income credits" (what a joke of a name) And you want more?It's ungodly how much these CEO's make. Believe me, they can afford to have 20 percent of their salaries slashed so that everyone else can live a decent life.
Why would ANYONE with the ability to create a successful business in this day and age do that here with thinking like yours? In your world success is punished.
Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.
Alexis de Tocqueville
The days of the evil red bogeyman and mccarthyism are over. The Soviet Union has been gone for 25 years, speaking of novelty.
But no, income tax is hardly a novel idea.