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Then I can't help you understand how the top earners are able to work the tax code to do things that aren't available to the rest of us. At this point, we have nothing to talk about.
Over 50% of the nation doesnt pay a dime in federal income taxes. Clearly they know more than you do.
No it doesn't.. because $15.00 /hour raises their station ... it's almost double minimum wage now.. double the income = a better financial position which then makes the work they are doing worth it..
Imagine if you went into your job everyday, but no matter how you worked, you still couldn't make rent because they didn't pay you enough.. and your rent is hte cheapest possible in the area?
And, we're not talking about raising the minimum to $15 here.. we're talking only like $3.00 more! $15 is what I pay and for good reasons; all the reasons I pointed out.. it keeps my employees happy and motivated to do a good job.
So the people that were making $12 an hour, and now making the same $15 an hour as everyone who was making $8, will work just as hard?
Your own previous example proves that to be false.
No I don't. When I use it, it's called filing my tax return; while a corporation use it, it is called using a loophole.
How about giving us your definition of a loophole?
Loopholes are in the eye of the beholder, for instance if two people both make the same amount of money but one rents an apartment while the other owns a home then the renter might view the mortgage interest deduction that the homeowner gets as a "loophole" because he doesn't qualify for such a deduction.
The Left uses the concept of "loopholes" like a dirty word .......unless they qualify for it of course
How about giving us your definition of a loophole?
Loopholes are in the eye of the beholder, for instance if two people both make the same amount of money but one rents an apartment while the other owns a home then the renter might view the mortgage interest deduction that the homeowner gets as a "loophole" because he doesn't qualify for such a deduction.
The Left uses the concept of "loopholes" like a dirty word .......unless they qualify for it of course
Well explain to me how a hoagie shop that sell a hundred sandwiches a day can support a 15 dollar an hour employee. Explain to me how anyone can pay double the industry standard wages and remain competitive.
You make claims about a business you say you started and you can 15 an hour. Maybe you do. What is the industry standard for your business?
I did drywall for a while. The industry standard at that time was $4.00 a board to hand 4x12 sheets of drywall. If I doubled it or even added a dollar I would have attracted a lot of hangers. I also would have went out of business because no one would have hired me to hang their sheet rock when it could be done for far less.
That is reality. I don't know your business and quite frankly have no desire to either. The point is you can only pay what the business will support. Because your business can support 15 an hour doesn't mean that all can as you insinuated with your post.
What you can pay for your industry and what a sandwich shop can most likely is not comparable. Who wants to buy a sandwich for 12.00 when I can get a comparable sandwich for 6.00? why pay even $8.00 when I can get a comparable sandwich for $6.00? Some might but not most.
Let me explain another scenario. If the Waltons didn't pay themselves more than they could ever spend in their lifetime and used that money to pay a fair wage, perhaps the tax payers will no longer need to support their employees.
Let me explain another scenario. If the Waltons didn't pay themselves more than they could ever spend in their lifetime and used that money to pay a fair wage, perhaps the tax payers will no longer need to support their employees.
How silly is your straw man?
Quote:
Small businesses make up:
99.7 percent of U.S. employer firms, 64 percent of net new private-sector
jobs,
49.2 percent of private-sector
employment,
42.9 percent of private-sector payroll, 46 percent of private-sector output, 43 percent of high-tech employment, 98 percent of firms exporting goods,
and
33 percent of exporting value
Frankly, if a company or business does not want to pay a livable wage in this county, let them leave.
Good luck with that. You're basing your policy on ideology and not facts.
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