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Can you please show me proof of both of these allegations?
I was thinking of "property taxes" and not specifically assessments, since I have not had the opportunity to vote on assessments. I've seen left-leaning communities vote to increase their property taxes numerous times while right-leaning communities are much more reserved with their tax votes and dollars.
Incorrect. Higher wage earners spend more $$$ than MW earners. MW earners may spend a higher percentage (even 100% or more via credit or dissavings), but in absolute dollars, higher wage earners spend more.
Not necessarily the case. Specifically, higher wage earners can enjoy economies of scale not available to MW earners. i.e. a higher wage earner can enjoy consumption equal to a MW earners at a lower cost, so there's no requirement the higher wage earner spend more than the MW earner to enjoy a similar standard of living.
Not necessarily the case. Specifically, higher wage earners can enjoy economies of scale not available to MW earners. i.e. a higher wage earner can enjoy consumption equal to a MW earners at a lower cost, so there's no requirement the higher wage earner spend more than the MW earner to enjoy a similar standard of living.
But think about this for a moment. The average household earning $30k/year probably saves approximately zero - expenses (including taxes) are around $30k. Would you really argue that you think that those earning, say, $150k, are spending less than $30k on average? That's absurd.
I tend to find those with higher earnings spend accordingly...
Of course their are outliers... like a school custodian that lived 35 years in a SF Studio Apartment and left the city a 2 million bequest for parks...
One of my friends banked every promotion or raise he earned from age 22 to 34 when he got married.
He was socking away a lot... it didn't take long before he was maxing the 401k and investing in a Schwab...
Many are looking forward to the increased minimum... it should be really good for those with in demand rental property who were farsighted enough to lock in good fix rate loans... all this extra money floating around is bound to be spent which is great for those with something to sell...
Raising the minimum wage high just gives companies a reason to raise prices
i dont get this country, people want a higher wage, but companies will use that to raise prices of their items. say if it gets raised to 12-15 an hour, then burgers will soon cost 8-9 $ just for a burger. its not like if the wage gets raised their not going to raise their items high, so why raise the wage so high ?
i dont get this country, people want a higher wage, but companies will use that to raise prices of their items. say if it gets raised to 12-15 an hour, then burgers will soon cost 8-9 $ just for a burger. its not like if the wage gets raised their not going to raise their items high, so why raise the wage so high ?
Economic history does not support your theory. And it's not like if minimum wages remain the same then so will prices.
actually this is not my theory, companies have told me this.
Impressive. Do you charge a consulting fee?
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Raising the minimum wage high just gives companies a reason to raise prices
