Page 5 of 6 FirstFirst ... 3456 LastLast
Results 41 to 50 of 54

Thread: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

  1. #41
    Sage
    jet57's Avatar
    Join Date
    Feb 2012
    Location
    not here
    Last Seen
    Today @ 05:42 PM
    Lean
    Centrist
    Posts
    21,993

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by Moon View Post
    Yes, that's exactly what I said.

    Oh wait, no it isn't.
    Right: in you view, companies cannot improve by raising wages.
    You can dance without a lawyer

  2. #42
    Why so serious?
    Moon's Avatar
    Join Date
    Jan 2009
    Location
    Washington State
    Last Seen
    Today @ 04:12 PM
    Gender
    Lean
    Conservative
    Posts
    3,478

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by jet57 View Post
    Right: in you view, companies cannot improve by raising wages.
    Didn't say that either. Keep trying.
    "I believe in a Spinoza's God who reveals himself in the harmony of all that exists, but not in a God who concerns himself with the fate and actions of human beings."

    --Albert Einstein, 1929

  3. #43
    Sage

    Join Date
    Dec 2013
    Last Seen
    Today @ 05:53 PM
    Lean
    Undisclosed
    Posts
    23,492

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by Helix View Post
    if a company wants to raise wages, cool. makes me a lot more likely to do business with them. as for the national minimum wage, i would tie it to inflation. making the minimum wage $15 everywhere would be counterproductive. what we should do instead is guarantee debt free access to college or to post secondary job training. if we did that, a lot fewer people would be stuck at minimum wage long term, and most of those jobs would be filled by high school and college kids trying to make some extra money instead of by people who are trying to raise a family.
    Gifts to the United States Government: Questions and Answers: Financial Management Service

    here you go you can send all the money you want to support what you propose.
    pass this to all of your friends that want the same thing.

  4. #44
    Sage

    Join Date
    Dec 2012
    Last Seen
    Today @ 05:25 PM
    Lean
    Libertarian
    Posts
    6,680

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by soot View Post
    Yeah, but WMT is paying that $8B in taxes on $458B in revenue.

    Ikea's effective rate is 2.75% while Wal-Mart's is 1.7%.

    So the "burden" of "high U.S. corporate taxes" isn't really a factor here.
    Well let's has this out even further. IKEA's operating income was 3.7b euros, it's NET income was 3.2b euros. Basically paying just 500m euro in taxes. Wal Mart has an operating income of $27b and a NET income (after taxes) of $16.3b. So Wal Mart paid close to $9b in taxes.

    We can literally say that if IKEA grew by 6xs their size to match Wal Mart sales.. IKEA's effective tax rate would be less then half of Wal Mart's $8b. IKEA's 500m euro tax bill into to dollars would be $555.56m. So doing the math you'd get something like this.. 555.56m x 6 = 3.3b. IKEA's tax bill if they were 6 times the size they are now.. would only be $3.3b or in euros.. 2.95b.

    So yes, it's a factor. If I could have an extra $6 billion in net profit I could promise wage increases as well and If I could call my business a charity in NEVER have to worry about a take over.. I wouldn't have to worry about stock holders either which would save on dividend payments. IKEA uses dutch loopholes and that's something most American companies can't use.. especially companies which the majority of their business is in the US (Wal Mart). So an American company can't call it's self a charity and run a $4b profit which gets kicked back the non-existing charity but one on paper.

    Sorry, but using IKEA as an example of how companies could "raise" or "afford" those raises is down right as fraudulent as IKEA claiming to be a charity.
    Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office. H.L Mencken

  5. #45
    Sage

    Join Date
    Dec 2012
    Last Seen
    Today @ 05:25 PM
    Lean
    Libertarian
    Posts
    6,680

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by jet57 View Post
    But US revenue is their market and by taking better care of their employees, Americans will be more likely to shop there.
    No, IKEA's biggest revenue markets are outside of the US. US only accounts for 3% of it's revenue. If you didn't shop at IKEA before this, you aren't gonna shop at IKEA after. The joke is IKEA stands for "sawdust held together with spit". It's really products made for hipsters who barely use the product, college kids and first time independent people. It's cheapness = lack of quality. As a college kid, my roommates and I had a lot of IKEA stuff.. and every year from Sophomore to Senior year.. we'd throw the **** away and star over the following year. It was cheaper then moving it.

    So if you are looking to waste your money over and over in the your life time.. IKEA is great for you.. but if you are looking for quality furniture, IKEA is not it. When you get settled in your 20s into a 9-5 job you start looking for quality furniture when you look for your first home.
    Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office. H.L Mencken

  6. #46
    Sage
    blackjack50's Avatar
    Join Date
    Sep 2011
    Location
    Florida
    Last Seen
    Today @ 05:50 PM
    Lean
    Conservative
    Posts
    21,172

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by jet57 View Post
    Right: in you view, companies cannot improve by raising wages.
    A COMPANY might be able to improve based on raising their pay. But that pay has to be higher than other competing jobs. And raising federal minimum wage won't magically make workers work harder doing the same crappy job.
    The Crowd is not the sum of its parts.

  7. #47
    Sage
    jet57's Avatar
    Join Date
    Feb 2012
    Location
    not here
    Last Seen
    Today @ 05:42 PM
    Lean
    Centrist
    Posts
    21,993

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by austrianecon View Post
    No, IKEA's biggest revenue markets are outside of the US. US only accounts for 3% of it's revenue. If you didn't shop at IKEA before this, you aren't gonna shop at IKEA after. The joke is IKEA stands for "sawdust held together with spit". It's really products made for hipsters who barely use the product, college kids and first time independent people. It's cheapness = lack of quality. As a college kid, my roommates and I had a lot of IKEA stuff.. and every year from Sophomore to Senior year.. we'd throw the **** away and star over the following year. It was cheaper then moving it.

    So if you are looking to waste your money over and over in the your life time.. IKEA is great for you.. but if you are looking for quality furniture, IKEA is not it. When you get settled in your 20s into a 9-5 job you start looking for quality furniture when you look for your first home.
    The US is IKEA'S US market. That's what I was saying. They are not going to screw up that market.
    You can dance without a lawyer

  8. #48
    Anti-democracy advocate
    Master PO's Avatar
    Join Date
    Oct 2012
    Location
    China - teaching grasshopper
    Last Seen
    Today @ 04:13 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    28,070

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by jet57 View Post
    Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again



    So there goes the conservative assertion, “better your skills if you don’t want minimum wages”.

    I told you guys that the wave was coming.


    Happier and more responsible employees with better wages; who'd a thunk ti?
    if a company wishes to rise it wages........fine i don't think you will find a problem with anyone....because its voluntary

    its when companies are FORCED to rise wages you find problems, because its not voluntary.
    Anti-Democracy advocate, Mixed government is the only good government

    THE
    second point to be examined is, whether the [constitutional ]convention were authorized to frame and propose this mixed Constitution.


  9. #49
    Sage
    jet57's Avatar
    Join Date
    Feb 2012
    Location
    not here
    Last Seen
    Today @ 05:42 PM
    Lean
    Centrist
    Posts
    21,993

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by ernst barkmann View Post
    if a company wishes to rise it wages........fine i don't think you will find a problem with anyone....because its voluntary

    its when companies are FORCED to rise wages you find problems, because its not voluntary.
    Everybody has to get along.
    You can dance without a lawyer

  10. #50
    Anti-democracy advocate
    Master PO's Avatar
    Join Date
    Oct 2012
    Location
    China - teaching grasshopper
    Last Seen
    Today @ 04:13 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    28,070

    Re: Ikea's Minimum Wage Hike Was So Successful, It's Raising Wages Again

    Quote Originally Posted by jet57 View Post
    Everybody has to get along.
    i don't get along with anyone, if they believe in forcing people to do things against their will.
    Anti-Democracy advocate, Mixed government is the only good government

    THE
    second point to be examined is, whether the [constitutional ]convention were authorized to frame and propose this mixed Constitution.


Page 5 of 6 FirstFirst ... 3456 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •