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re: (R) Introduces Bill for federal $15 min wage.

Posted on 6/10/25 at 5:36 pm to
Posted by theballguy
tMoral compass of poliboard
Member since Oct 2011
20021 posts
Posted on 6/10/25 at 5:36 pm to
quote:

$15/hr is $31,000 a year.



That's poverty for a full time job.
This post was edited on 6/10/25 at 5:37 pm
Posted by RohanGonzales
Member since Apr 2024
5498 posts
Posted on 6/10/25 at 5:40 pm to
quote:

That's poverty for a full time job.


The only people who stay in a minimum wage job for any length of time are completely unskilled and/or have issues showing up on time every say so they cannot hold a job and advance.
Posted by dnm3305
Member since Feb 2009
14783 posts
Posted on 6/10/25 at 5:44 pm to
quote:

What line of shite business are you in where $15/hr would be an insurmountable pay raise?


A Small Business that has a revenue stream of approx $250k per year or less. Employee payroll and payroll tax is about equal to COGS and slightly higher than rent expense. Can’t forget about good ole’ property taxes as well! And a fee for this, and a license for that, and a nickel here and a dime there. If I would be forced to add 30-40% to my payroll for absolutely nothing I would be upside down and cease to exist.

What, do you think small businesses are rolling in money? The average SB in America has a 7% profit margin.

7 fricking cents out of every dollar.

30% of SB owners do not take a salary in any way, which I’ve had to do for much of the last two years just to survive.

What about you, what business do you run genius? How many people do you employ? How much do you pay just in employee payroll tax per year? How much tax revenue do you generate for your city?
Posted by dnm3305
Member since Feb 2009
14783 posts
Posted on 6/10/25 at 5:46 pm to
quote:

Jesus, how little are you paying your people?


What do you do for a living ball guy?
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