Posted on 06/20/2016 6:58:31 AM PDT by grundle
National Employment Law Project (NELP) is a Soros organization.
Hey, but that's an annual $8.43, right? You could buy a pack of cigarettes or a six-pack.
There’s kind of a point with these stratospheric CEOs, which are generally not seen in Europe. They might make 10 times the grunt salary, but not 1000 times.
But there aren’t a lot of them either, so the expenditure is not that much in the general scheme of things.
Liberals also think that big companies such as Wal-Mart don’t pay their “fair share” of income tax and other taxes.
I have worked in the business end of various businesses. I can tell anyone, if they want to listen to facts, that businesses are assessed numerous taxes as the cost of doing business.
There are, to name a few :
income taxes, to both the federal and state governments.
sales taxes
property taxes
unemployment taxes
social security taxes
various excise taxes, depending on the line of business
city or local business license taxes
state business license taxes
And, what liberals don’t address, is that major companies such as Wal-Mart are regularly audited by the IRS and other government entities. Which means that they certainly run their businesses to ensure compliance with all federal, state, and local tax laws. And to ensure that they pay all required taxes.
None of this is enough to suit liberals, I understand. I just wish there were less demagogue preaching from the left when they don’t know what the heck they are talking about.
If leftists had ever run a business, or tried to run a business, I think they would have some different ideas than they preach to the rest of us.
Our local Wal-Mart has a table set up inside offering jobs that start at $12.00 per hour.
it’s not just the wages, but the social costs of employment (company share of mandated cost per employee plus any company=provided benefits) that make this impractical.
And as far as being an example of modest living... one of Hillary’s speeches garners enough to pay my current job for years. Why liberals shouldn’t be calling her the hottest hypocrite this side of the Hudson River, is beyond me.
If I had to choose I’d prefer Walmart pay their employees more instead of my taxes going to their welfare, which seems to be the case.
Estimating the total cost of an employee:
$15 minimum wage affects far more than just McDonalds and Wal Mart. Thousands of small shops, factories, businesses and stores pay their employees between 8-$14.99 an hour.
There are probably entire towns where no one earns $15 an hour.
This will devastate our economy.
Wal-Mart also gives donations to community non-for-profits each month.
Prices will go up, then so will EBT card funding demands.
It’s not even math, it’s simple arithmetic.
Did you read the last paragraph of the excerpt? Increasing their pay while increasing the welfare limits will keep your taxes paying for the welfare.
Sure they can, along with a raise in prices, those same employees will pay for the goods there selling and buying , plus paying higher taxes, leaving those same employees standard of living no better off. And by the way it’s going to 15$ an hour nationally, just a matter of time. When GOV.co can orchestrate it while saying inflation is at 2%.
A successful business hopes to make 17 cents on the dollar, more are like around 11 cents. Labor is the biggest expense.
I’M a value shopper and go to several stores each week for the best price. I only purchase BOGOs at Publix, I buy boneless, skinless, low sodium chicken breasts at Winn Dixie because of their new low price of $2.50/lb. I love Aldi for many reasons, and there are certain items I always buy at Walmart where they cost least. In the past few weeks I’ve noticed that almost all of my Walmart items have risen in price, and not just a little. What was 2.38 is now 2.98, for example. I’m sure salary increase has everything to do with it.
And those towns have a lower cost of living. Central government mandating the same wage across the country without regards to the cost of living variations is stupid.
Correct. And you are one of the few who understand that when a wage goes up a certain percent, the list you put up also goes up that percent.
It isnt he wages that kills, its the government mandated taxes UC insurances, WC insurances, etc that kill.
In my former business, My WC insurance was 54.50 cents per one hundred. My UC insurance was 7.5%. And of course the FICA was about 7% for my share. Then came the Med care and all the rest. So I would in fact pay an additional 80 to 90 cents per dollar the employee made. So a employee who pulled a 500 dollar check would in fact cost me 900 dollars.
Couldnt do it, I quit since I could not pass a share of the cost down.
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