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Thread: Minimum Wage Laws Boosting Wages

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by Fledermaus View Post
    The people you want compensated don't pay income taxes.
    Income taxes are not the only taxes. And, the Poor only pay those taxes they are legally obligated to pay, just like the Richest.

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by Fledermaus View Post
    There was no "First world" or "Third world" in 1929.

    You no comprehend history.
    Social economics pre-dates the Twentieth Century.

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by danielpalos View Post
    Income taxes are not the only taxes. And, the Poor only pay those taxes they are legally obligated to pay, just like the Richest.
    And those taxes will not pay your non-productive non worker compensation.
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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by danielpalos View Post
    Social economics pre-dates the Twentieth Century.
    So what?
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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by I'm Supposn View Post
    Jmotivator, I contend the majority of adults within the lowest 20 percentiles of USA’s income earners that have not risen above that income bracket within 10 years after leaving school or having immigrated into the USA, do not rise above that bracket for the remainder of their lives.
    Regardless of how many persons or why they are unable to rise, that describes a statistical characteristic of a nation with poor upward income mobility.
    But that isn't true, is what I am saying. About 7% of those in the low income bracket are persistently there. Being born into poverty absolutely increases your chances of remaining in poverty, but the large majority of those born in poverty don't stay there.

    I don’t know what you mean by poverty. The lowest 20 percentile of USA’s income earners are not all impoverished, but those of them that work or want to work full-time and are within that income bracket, are all poor.
    The lowest quintile of household income and the poverty line are pretty close, with the household poverty line for a household of average 3.5 people and highest income of the lowest quintle are both about $24k.

    We should consider why USA’s upward income mobility has been declining as other nations are rising? You ask if poor people show up for work on time and work diligently? You didn’t ask if other nations have superior training and educational programs? Do their labor unions have greater influence within their governments and their corporate boards?
    Again, it hasn't. And where you can find individuals who failed, you can find causes that are not systematic more often than systemic failures. Failing to take advantage of a free education (that extends through higher education for those in the lowest quintile!) is the biggest indicator of income stagnation.
    “A young man who wishes to remain a sound atheist cannot be too careful of his reading.” ― C.S. Lewis

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by Fledermaus View Post
    And those taxes will not pay your non-productive non worker compensation.
    general taxes will.

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by danielpalos View Post
    general taxes will.
    So now you wish to tax the working people to pay for those with no will to work?

    Why?
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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by ttwtt78640 View Post
    The minimum wage is still zero - with you being an excellent example. The socialist dream of everyone being entitled to demand a "fair share" of the labor of others reamins elusive.
    Quote Originally Posted by ttwtt78640 View Post
    Paying folks to simply loaf will not reduce the cost of government.
    Ttwtt78640, the federal minimum wage is currently $7.25 per hour. Everyone is entitled to seek employment and they're not entitled to a job or to unemployment insurance if they're not actively seeking employment.

    There’s no “cap” on wage rates, but employers are prohibited from paying a lesser than the legally mandated minimum wage rate.
    Right wingers opposed to expenditures for public assistance are also opposed to a minimum wage rate.

    To the extent of its purchasing power, a minimum wage rate reduces the instances and extents of poverty among the working-poor and has always been of net benefit to our nation’s economy. Paying workers sub-minimum wage rates will not reduce the cost of government.

    Respectfully, Supposn

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by Fledermaus View Post
    So now you wish to tax the working people to pay for those with no will to work?

    Why?
    Why appeal to so much ignorance? Everybody can pay general taxes.

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by danielpalos View Post
    Why appeal to so much ignorance? Everybody can pay general taxes.
    This doesn't answer my question.
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