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re: Bill Gates states that millionaire and billionaires should pay significantly more in taxes

Posted on 2/24/18 at 6:56 pm to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69423 posts
Posted on 2/24/18 at 6:56 pm to
quote:

For people who tip it would be exactly the same. Nice try though. Also, I'm not in a hole at all. No one has shown me how the 22 times minimum wage has been raised that it is hurt the bottom 30% of the workforce other than showing some people lost their jobs. Of course they don't want to mention the over 90% of that bottom 30% that's lives were made better.


Are you seriously arguing that 10% of a given workforce losing their job (and thus 15000 in income) is worth it so the rest of the workers can receive a marginal raise in their pay (eaten up by higher prices?)

I thought you said minimum wage gets people off the dole? Making someone unemployable is a sure way to put them ON the dole.
Posted by Ebbandflow
Member since Aug 2010
13457 posts
Posted on 2/24/18 at 7:03 pm to
quote:

Are you seriously arguing that 10% of a given workforce losing their job (and thus 15000 in income) is worth it so the rest of the workers can receive a marginal raise in their pay (eaten up by higher prices?)



Marginal? A minimum wage in line with the current GDP would be over $12 an hour. That would be a raise of $5 an hour. Products would not rise to meet that and you know it you're being disingenuous.

Also, I said over 90% and yes it is worth it

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