TRoaches Posted January 29, 2014 Share Posted January 29, 2014 1st off TRoaches, if your business is doing so bad where as your are worried about loans due, you must be doing something wrong or living way beyond your means to begin with. 2nd if I owned my own "landscaping" business and the minimum wage was increased I would just try to raise the cost to my customers a bit. People who pay people to do landscaping are usually making well more then enough to afford the cost of landscaping to be hiked up on cost if it is slapped on them. Most people I know who pay for landscaping make over 6 figures anyways... It's unfortunate your business isn't doing as well as you wish but I am looking at the bigger picture here as a country.... My business is doing fine, but thank you for your concern (even though it sounds more like a cheap shot directed at me). I don't have any minimum wage employees. I am not talking about my business prospects being damaged by minimum wage laws. I am talking about businesses that do employ that segment of the workforce. But at least you finally admitted that increasing costs results in increased prices, so I guess that's progress. Link to comment Share on other sites More sharing options...
colourwheel Posted January 29, 2014 Author Share Posted January 29, 2014 (edited) @TRaoches So your premises have all been on hypothetical outcomes which would not directly effect your business at all.... I don't understand why you would be against a minimum wage increase then. Seems more like you are just quite comfortable of people who do work full time living in poverty who make only minimum wage... Edited January 29, 2014 by colourwheel Link to comment Share on other sites More sharing options...
TRoaches Posted January 29, 2014 Share Posted January 29, 2014 @TRaoches So your premises have all been on hypothetical outcomes which would not directly effect your business at all.... I don't understand why you would be against a minimum wage increase then. Because, like you pointed out earlier, the economy is bigger than my business. I am talking about what is best for all business, not my own business. Seems more like you are just quite comfortable of people who do work full time living in poverty who make only minimum wage... See: Appeal to pity Link to comment Share on other sites More sharing options...
colourwheel Posted January 29, 2014 Author Share Posted January 29, 2014 (edited) @TRoaches Let me remind you... You gave some made up example of a person who is worried about their loan payments. An example of which would be a person who is doing something wrong about their business or living way beyond their means. One of which makes the reader thinks you are talking about yourself... Just because you have given a completely fictional example of a business owner does not mean you know what is best for "all" businesses either... At least I have credible economic studies that back up my claims.... Edited January 29, 2014 by colourwheel Link to comment Share on other sites More sharing options...
TRoaches Posted January 29, 2014 Share Posted January 29, 2014 Let me remind you... You gave some made up example of a person who is worried about their loan payments. An example of which would be a person who is doing something wrong about their business or living way beyond their means. One of which makes the reader thinks you are talking about yourself...Let me remind you... You gave some made up example of a person who is earning too little money to pay their bills. An example which would be a person who is doing something wrong about their personal finances or living way beyond their means. One of which makes the reader think you are talking about yourself... See what I did there? Link to comment Share on other sites More sharing options...
colourwheel Posted January 29, 2014 Author Share Posted January 29, 2014 (edited) It's time to close this topic seems like it's getting no where.... Edit: Just to clear up things for TRoaches I work for a huge software developer, hardly worried about my personal finances or living beyond my means.... Edited January 29, 2014 by colourwheel Link to comment Share on other sites More sharing options...
RGMage2 Posted January 29, 2014 Share Posted January 29, 2014 If the objective is to increase disposable income and improve the standard of living for people at the bottom, then instead of increasing the minimum wage to $15 an hour, couldn't you accomplish the same thing by reducing or eliminating income tax on minimum wage earners? It would have the advantage of not putting any stress on small business, so not a threat to jobs. People would have more money to spend - and they would spend it - so good for businesses which could then create more jobs for more people who would spend more money. As businesses make more profit they pay higher wages and more taxes, the rich would still get richer but also pay more taxes. As well, people on welfare would have more incentive to take those minimum wage jobs, so less tax money going to welfare. Everyone wins. What makes no sense to me is why people making minimum wage and living in poverty are expected to pay income tax. Why not raise the minimum to $10 per hour and review it every four years with increases tied to inflation, and give everyone a basic personal exemption of 21 thousand per year with a flat tax on anything above 21,000? Link to comment Share on other sites More sharing options...
Lisnpuppy Posted January 29, 2014 Share Posted January 29, 2014 Closing per OP request. I'm going to give some advice and let you all know that there are plenty of topics and plenty of people participating in those topics that some of you perhaps should give thought to giving each other a wide berth for a time.~Lisnpuppy Link to comment Share on other sites More sharing options...
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