[quote]H factor wrote:
[quote]cwill1973 wrote:
[quote]pittbulll wrote:
[quote]cwill1973 wrote:
[quote]pittbulll wrote:
[quote]cwill1973 wrote:
[quote]pittbulll wrote:
[quote]Quasi-Tech wrote:
[quote]CroatianRage wrote:
[quote]on edge wrote:
I don’t see why a minimum wage even exists. If a company isn’t paying enough, don’t take the job. Am I missing something here?[/quote]
Nope. I’m pretty sure all but 2 or 3 people are right there with you.[/quote]
Minimum wage exists to avoid people getting abused by the company. Just as unions were put in place for the same reason. Now, the tables have turned and its the “protecting” items that are abusing the companies/economy.
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The tables have not turned , the tables are still stacked against employees . When employees can live on their wages by a standard that is not third world . Then you could make that claim
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So why don’t you open up a chain of fast food restaurants that all pay their employees $15/hr or more? For that matter, why haven’t the unions done the same? Why haven’t they started businesses with their billions of dollars that all pay a “living wage” to their employees?
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where your disparity occurs is in tax rate . Ma and paw pay a regular 15-20 % rate and Mac Dick or any other major corp probably pays Zero . Waqes are universal [/quote]
Incorrect. In 2012 McDonald’s incurred $2.6 billion in income tax expense on $8 billion of pre-tax income. That is a tax rate of 32%. Feel free to look it up on any financial website. Looks like ma and paw are making out like bandits in your example.
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This conversation is over my head and I am guessing yours to . If you do not think our tax code is full of smoke and mirrors than you are more ( ) than I would think .
http://money.usnews.com/money/retirement/slideshows/top-10-corporate-tax-breaks/12
I like the last one it is a tax break for donating to election campaigns thsi is where Corporations legally bride our elected officials and allows them to write it off . And I am sure I will corrected if I am wrong but those write offs come off the top and make the percentage number go up (smoke and mirrors)
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Sorry, but reading an income statement is not over my head. It’s there in black and white in every companies quarterly and annual reports. Do you like the one where $8 Billion in union dues go untaxed every year?
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I like it about as much as I like the over 100 billion dollars going untaxed to churches as a non-believer. I’m going to make up a religion so I can skirt property taxes and all sorts of other money. I’ll base it on what everyone else does…a man made book! Genius! [/quote]
Who’s stopping you from starting your own church?