Billionaires are holding 8.5 Trillion dollars. The coli told me these businesses can't afford to pay employees a living wage.

[UpAndComing]

Yes but you also fail to mention that 80% of those small businesses have no employees.

Also, of the small businesses that have employees they only employ 46 precent of the private sector, which means that 1% of large corporations employ the majority of the private sector.

You need to dig deeper before you start throwing around insults.

Should that 1% of businesses have that much concentration of wealth and power? Is that good for the average citizen?

Did you just say "Only 46%" ?

99% of businesses that are small businesses have close to HALF of the market share of employees, and you are pretending like that's a small number. If these Small businesses lose their company, do you know how many people become unemployed?

Ya'll are funny

 

[Elim Garak]

And this is from 2017

It's probably closer to 70%-80% right now

But socialism.

 

[UpAndComing]

Ran out of arguments, I see.
That was fast.

The irony

I made a post about Small Businesses losing their companies while Billionaires triple their wealth and you reply "Bu bu bu you don't want people to have a livable wage "


This conversation is out of your depth

 

[Amerikan Melanin]

There should be limits on earnings. An individual should only be allowed to make a billion dollars and then they get a plaque that says “you won”. Any more money they earn goes back into the system or to charity programs they set up.

 

[Remote]

The irony

I made a post about Small Businesses losing their companies while Billionaires triple their wealth and you reply "Bu bu bu you don't want people to have a livable wage "


This conversation is out of your depth

So you don't have an argument for why a company should exist if it cannot provide a fair pay for their employees.

I've been waiting for an answer to this question for a while now.
My coffee is almost cold.

 

[-DMP-]

They need to implement Bernie/Warren's transaction tax for stocks. Taxing your stocks because they went up in price is bad.

This might be mis informed but why can’t we just do it like property taxes.

My property taxes seem to go up every damn year when I ain’t did shyt to the place.

My value just went up so i owe more.

Considering you can borrow against both, as well as sell trade and buy I don’t see why stocks can’t be treated as property.

Although stocks are not tangible, they are being treated as such and houses are being treated as speculative assets.

 

[UpAndComing]

So you don't have an argument for why a company should exist if it cannot provide a fair pay for their employees.

I've been waiting for an answer to this question for a while now.
My coffee is almost cold.

You're pretending I didn't answer your question cause you STILL have not addressed min

Shameless

 

[Remote]

You're pretending I didn't answer your question cause you STILL have not addressed min

Shameless

Why should a company exist if it cannot afford to pay its employees?

 

[UpAndComing]

Why should a company exist if it cannot afford to pay its employees?

I already addressed this in this thread. Do you realize that a raise of minimum wages are an extra expense on a Small Business?

Alot of businesses depending on the industry have small margins. If you raise expenses on an unskilled employee, it throws a wrench in their bottom line
When you own a business, there are expense planning, budgeting, etc. That's how they plan to pay their suppliers, hire a new employee, paying rent for their real estate, payroll, etc etc

If the government suddenly increases their expenses, it throws off their budgeting plans.... understand now?

 

[Remote]

I already addressed this in this thread. Do you realize that a raise of minimum wages are an extra expense on a Small Business?

Alot of businesses depending on the industry have small margins. If you raise expenses on an unskilled employee, it throws a wrench in their bottom line
When you own a business, there are expense planning, budgeting, etc. That's how they plan to pay their suppliers, hire a new employee, paying rent for their real estate, payroll, etc etc

If the government suddenly increases their expenses, it throws off their budgeting plans.... understand now?

It's not an extra expense. It's an expense of being in business.

Like rent.
Like having a webpage.
Like having insurance.

Like literally everything else.

Why don't you understand this?

 

[151_Pr00f]

Did you just say "Only 46%" ?

99% of businesses that are small businesses have close to HALF of the market share of employees, and you are pretending like that's a small number. If these Small businesses lose their company, do you know how many people become unemployed?

Ya'll are funny

Again 80% of those businesses have no employees.

If the argument is about fair wages, then the vast majority of people employed in the private sector depends on the actions of a small people who run large conglomerates.

It's one thing to Stan for liberal capitalism but you don't even want a fair version of it.

 

[2 Up 2 Down]

Perfect liquidation of 8.5 Trillion and then perfectly spread among 162M working people in the US= ~52,500 a person.

And then back to square 1 the next year.

I'll take the money, but the something's wrong with the system.

People figured that out during the Guilded Age yet the government put a stop to that via propaganda.

You got (supposed) black posters on this site repeating the same propaganda verbatim
These nikkas can't be that stupid!

 

[Remote]

"But but but, if companies can't pay employees sub-standard wages, they will go out of business!"

I mean, isn't that the whole point of the capitalist system and the free market?


Why should any business undercut labor costs, and force those employees to be subsidized by public funds?
Yall realize that when you underpay employees, they're forced to seek public assistance....which is your tax dollars.

 

[UpAndComing]

It's not an extra expense. It's an expense of being in business.

Like rent.
Like having a webpage.
Like having insurance.

Like literally everything else.

Why don't you understand this?

This is obviously going over your head

Do you know what Budgeting is when it comes to Business?

 

[Remote]

This is obviously going over your head

Do you know what Budgeting is when it comes to Business?

Budgeting for fair wages?

Yeah.

Do you?