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To: Olog-hai

It’s all “smoke and mirrors.”

$9.00 is not $9.00.

An employer also has additional costs that come with that figure.

An increase in the employer’s Social Security matching payment.

An increase in unemployment compensation costs based upon payroll to the state and federal government.

An increase in workman’s compensation costs based upon payroll.

A decrease in net profits of the business.

An increase in the costs of doing business.

And, depending on the state, a whole host of other increases in cost of doing business.

You can bet that $9.00 will turn out to be over $15.00 per hour after all of the smoke clears.

I own a small business and I can tell you that any increase in the minimum wage is a Fascist move by the government to trick the population paying more taxes through an increased wage structure.

The “icing on the cake” is that higher employee costs does not help minimum wage workers.....it get’s them fired!


50 posted on 02/13/2013 2:54:17 AM PST by DH (Once the tainted finger of government touches anything the rot begins)
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To: DH

You play by the rules. More employers will start paying under the table like many already do. I had a neighbor who prepared tax returns for small businesses and he said all of them had at least a few employees that never get counted on payroll.


56 posted on 02/13/2013 4:49:08 AM PST by neefer (Because you can't starve us out and you can't make us run.)
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