That's the best idea I've heard all day.
So gun, tell me what you think. I don’t have any specific numbers here, but Bernie and Warren want to make a mandatory minimum wage of $15 an hour. People hear this and think they will be doing great. But, they and their employers would be paying more payroll tax even if the percentage stays the same. They would most likely be in a higher income tax bracket. And to pay for their healthcare one of those taxes will be greatly increased (I think it would be the payroll tax).
Also, they would lose eligibility for all or part of food, housing and daycare benefits they get now.
And, of course, employers will cut hours, employees, or go out of business. No more value meals at McDonald’s either.
I hit send on my previous post too soon. So do you think politicians push the $15 an hour so they will collect so much more in taxes to pay for their “free” stuff? I know unions do, because a lot of them have dues calculated on a percentage of wages.