LightRoasted
If I may ...
If I may ...
Hey idiot.... They may be paying the same percentage, but when a higher net amount is multiplied by the same static percentage, the outcome is higher taxes. Critical thinking is diffidently not your strong suit, among a multitude of other short comings. Also for the employer, they actually have to pay more, not just the increase in the hourly wage, but the increase in matching social security and medicare contributions and other, hidden from the employee taxes.
But the real reason for raising the minimum wage: Is an attempt to counter-act the effect of the ever increasement of the expansion of the fiat money supply, aka inflation. If those in the lower social-economic stratus are being paid, even a wee bit more, they are less likely to revolt and cause trouble. But let's be real, they are no better off and will still be just barely treading water. Because businesses, (corporations), for whom really these laws are focused on, understand this fiat expansion and want to keep as much of these dollars for themselves because inflated dollars continue to, and always will, have less purchasing power as time goes on. So the government has to force them to pay their minimum wage workers more to keep the so called peace. It's even more of a problem because commercial bank lending is contracting. Businesses are getting squeezed from every direction. And the easiest, and quickest, way to reduce costs is to reduce worker pay or eliminate positions. Plus, the banking industry is playing favorites, always has, but more so as of late... who wins and who loses, by way of restricting lending to some, but by favoring lending to others. It is really a zero sum game. Except the banks always win.
It's because of inflation, you effing idiot. It doesn't have to be in the article, or any article, [because if it is written about too much the masses will begin to understand how they are being taken up the ass], for educated intelligent people to understand. If there is more money in circulation, (aka from forced wage increases), chasing the same amount of goods and services, prices increase.
Hey idiot.... They may be paying the same percentage, but when a higher net amount is multiplied by the same static percentage, the outcome is higher taxes. Critical thinking is diffidently not your strong suit, among a multitude of other short comings. Also for the employer, they actually have to pay more, not just the increase in the hourly wage, but the increase in matching social security and medicare contributions and other, hidden from the employee taxes.
But the real reason for raising the minimum wage: Is an attempt to counter-act the effect of the ever increasement of the expansion of the fiat money supply, aka inflation. If those in the lower social-economic stratus are being paid, even a wee bit more, they are less likely to revolt and cause trouble. But let's be real, they are no better off and will still be just barely treading water. Because businesses, (corporations), for whom really these laws are focused on, understand this fiat expansion and want to keep as much of these dollars for themselves because inflated dollars continue to, and always will, have less purchasing power as time goes on. So the government has to force them to pay their minimum wage workers more to keep the so called peace. It's even more of a problem because commercial bank lending is contracting. Businesses are getting squeezed from every direction. And the easiest, and quickest, way to reduce costs is to reduce worker pay or eliminate positions. Plus, the banking industry is playing favorites, always has, but more so as of late... who wins and who loses, by way of restricting lending to some, but by favoring lending to others. It is really a zero sum game. Except the banks always win.
It's because of inflation, you effing idiot. It doesn't have to be in the article, or any article, [because if it is written about too much the masses will begin to understand how they are being taken up the ass], for educated intelligent people to understand. If there is more money in circulation, (aka from forced wage increases), chasing the same amount of goods and services, prices increase.
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