This Is Why Washington Will Keep Ignoring Minimum Wage

[ADevilYouKhow]

I don't need to. I really don't. It's bullshyt, and that's a fact.

okay, friend

 

[Rarely-Wrong Liggins]

Mitch McConnell Found Dead would be such a beautiful headline.

 

[88m3]

Yea. . . Bullshyt. . . It funds bullshyt. . . A lot of it.

Social Security and Medicare:

Employers must contribute to Social Security and Medicare. Currently, that amount is 6.2 percent of a worker's paycheck, up to $110,100. For the exec mentioned above — with a pay check of $300,000 a year — the employer will pay $6,826.20. For Medicare, the employer would match the amounted deducted of the exec described above — $4,350.

Unemployment taxes:

Employers are subject to unemployment taxes by federal and all state governments. The tax is a percentage of taxable wages with a cap. The tax rate and cap vary by state and by the employer's industry and experience rating. For 2009, the typical maximum tax per employee was under $1,000.

Employers also pay a per-employee federal tax, which funds administrative costs of implementing the unemployment system.

Worker compensation:

Worker compensation insurance provides coverage for employees injured on the job. State law usually requires that employers carry this insurance. Worker compensation insurance rates are a function of at least three variables: the type of business or industry, the type of job being performed, and the employer's history of claims.

http://www.cnbc.com/id/49503844

 

[Serious]

So basically what I'm taking away from this article, is that the argument against raising the minimum wage is essentially useless, because it will only create an even more widen disparity amongst people with "employable assets" vs unemployable traits. Also it reduces the stance of poverty down to a state of mind rather than a tangible outcome....

 

[Serious]

If only we had some spending we could cut...

When you're right you're right:

 

[88m3]

If only we had some spending we could cut...

@Domingo Halliburton

 

[DEAD7]

I get it, throw money at our problems or people will die.

 

[Berniewood Hogan]

I get it, throw money at our problems or people will die.

Let's find a way to rebuild infrastructure with human bodies, preferably those of the poor.

 

[TLR Is Mental Poison]

Minimum wage and 1% tax hikes are the left's biggest economic red herrings

Neither are relevant to the systematic issues facing the 99%

 

[Family Man]

Good. Let those poor white CACs that keep voting these people into office slowly starve to death.