Re: Effects of raising minimum wages in USA


"The Trucker" <mikcob@xxxxxxxxxxx> wrote in message
news:e7clol0tfq@xxxxxxxxxxxxxxxxxxxx

So.. What is the actual tax rate paid by the median income earner?
And, BTW, son, I think a SHIFT to 25% tax on transportation fuel
from a tax on wages is a good idea and a more progressive income tax
is a good idea and a cut in FICA tax is a good idea. As a matter of
fact a cut in the FICA tax with NO CHANGE IN BENEFITS NOW
OR IN THE FUTURE is a very good way to increase the minimum
wage without acually increasing the minimum wage.

Are you serious?

Reduce funding for an already demonstrably bankrupt program and
expect something good to come of this -- something other than an
earlier demise of the program?

I hope you've never run a business in your life. Making decisions
like that will sink you for sure.


The German marginal tax rate is 45% and their General Sales Tax is 16%
for luxuries, lower for foodstuffs.

What is median tax?

Compare with the US marginal tax rate of 35% and whateve rthe sales tax
is in your area.

I don't live in Germany and I certainly don't want to. Comparisons to
Germany
and/or other nationalities is irrelevant in the context of this discussion.
You want
to live by German rules, pay German taxes, and suck from the tits of German
benefits -- go right ahead. Move to Germany. I'm not stoppin ya.

Citiziens in Europe pay for their "free" welfare services by way of a
draconian income tax and tax on consumption.

And they are sane enough recognize the beneficial nature of that decision.

No. They're just too damned ignorant to realize that they are "dreaming
the impossible dream."



.

Relevant Pages

  • New German Policy Positions
    ... European Union's three percent of gross domestic product cap by ... TAX ... * Long-term jobless benefits in eastern Germany to be raised ... * Major reforms not included in accord, ...
    (soc.culture.baltics)
  • Re: OT..Are you a Democrat, Republican or a redneck ?
    ... So, the wage I cite in 1956 equates to $24/hour today or about $50,000/year, about right for this area. ... In 1956, Michigan had no income tax, and the sales tax was 3%. ... Today the income tax in Michigan is up to 4.4%, and the sales tax is up to 6%. ...
    (rec.outdoors.rv-travel)
  • Re: OT..Are you a Democrat, Republican or a redneck ?
    ... Hugh wrote: ... So, the wage I cite in 1956 equates to $24/hour today or about $50,000/year, about right for this area. ... In 1956, Michigan had no income tax, and the sales tax was 3%. ... Today the income tax in Michigan is up to 4.4%, and the sales tax is up to 6%. ...
    (rec.outdoors.rv-travel)
  • Re: New German Policy Positions
    ... > European Union's three percent of gross domestic product cap by ... > TAX ... > * Long-term jobless benefits in eastern Germany to be raised ... > * Major reforms not included in accord, ...
    (soc.culture.baltics)
  • Re: OT..Are you a Democrat, Republican or a redneck ?
    ... So, the wage I cite in 1956 equates to $24/hour today or about $50,000/year, about right for this area. ... In 1956, Michigan had no income tax, and the sales tax was 3%. ... Today the income tax in Michigan is up to 4.4%, and the sales tax is up to 6%. ...
    (rec.outdoors.rv-travel)