| Super Moderator  Join Date: Feb 2005 Location: Seattle (grew up around D.C.) Gender:  Posts: 8,491 Country:  Points: 27,237, Level: 97 | Level up: 89%, 113 Points needed |  |  Quote: |
Originally Posted by sgtdmski Congress is to blame for the low wages. But it is not due to the minimum wage, but rather by the high tax rates. Consider the fact that the employers have to pay matching funds to Medicare and Social Security for each and every employee. That total is near 10%. Eliminate the payroll taxes and most employees would be able to increase their wages. When setting a salary, a business takes into account how much they will have to pay in payroll taxes, without the need of having to pay this, either salaries would increase, or unemployment would decrease, as businesses would have more money to pay employees.
dmk |
If healthcare was provided for everyone by a central agency wages could be increased to the point where people could actually live on them.
Considering the top 10% take 90% of this country's wealth doing anything to taxes is pretty meaningless. --- help me Instant Runoff Voting, you're my only hope --- "There is no such thing as laziness. Laziness is only lack of incentive." Norman Reider, MD
Morality is not contingent on religion to exist. Therefore religion only detracts from the purity of morality. |