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While I believe everyone should be making a livable wage, and let's face it the current federal minimum wage is not it, I think $15/hour working fast food is too much. That is not too far off from what I make an hour & believe me, my job requires a hell of a lot more smarts, work, time & effort. In fact, I should be getting a raise, lol.
If you double the salary you have to double the employer tax liability as well.
Employers pay a percentage to the government, not a fixed dollar amount.
Additionally, his figures only considered company-owned stores. 80% of McDonald's restaurants are franchise-owned, not company-owned. So that's another problem with his proposal.
My son has been at his p/t job for over a year.
While he makes more than min wage he does not make $15/hour.
You would have to at least tack on the $15 to everyone currently working there to keep the same difference.
That article does not take that into account.
If you double the salary you have to double the employer tax liability as well.
Employers pay a percentage to the government, not a fixed dollar amount.
In some states, what you pay your employee, is basically the same you pay in terms of those liabilities.
I knew many farmers who hired illegals to do work because it was too expensive to pay legally. Farmer could only afford a $10/hr wage legally due to it being basically $20/hr due to the liabilities and regulations, so he would pay $15/hr illegal and save $5/hr on the deal. Of course, us kids working the farms at the time had to be legal (if we wanted our work experience documented) and so we made $7/hr.
Funny how the low pay wasn't due to "greedy" farmers, but all because of "greedy" government programs.
I worked for the minimum at age 14 when the rate was 64 cents per hour.
I did roofing on real 40 foot wooden ladders too at 16 for about 5 bucks an hour which beat the hell out of the minimum. Hated those ladders for the bounce in the middle when you carried a whole bundle of shingles up.
I think it's a riot these kids thing flipping burgers is work...
Back in my day if a kid got a car it was a 200 dollar car and that kid needed to spend time getting dirty and spend money for just parts.
Kids these days don't need a car and beside their driving sucks. They can just barely manage automatic shift
None of that addresses middle-aged mom's comment that the minimum wage hasn't kept up with inflation.
I really don't care what you did as a child. Back then, there was a manufacturing base in the country too. Now, we have grown-ups earning the minimum wage who then need to be subsidized by SNAP and Medicaid. The fact that the minimum wage hasn't kept up with inflation is the issue. I don't see why I should subsidize McDonald's, WalMart and other large company's labor costs.
I will gladly pay that much for something I don't even eat so slaves aka workers can have a decent wage.
Heck if they raised min wage to $15 I'd go get a FF job.
LOL..McD's was my first job in life and could end up being my last job in life
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