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Author: [Politics] Topic: Maximum Wage
Rush51 send a private message View Space | Friends | Playbook |
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#51
Posted: 7/17/2012 11:00:21 PM
QUOTE Originally Posted by Renton:


That point is not really pertinent to the discussion. You're discussing revenues, I'm attempting to discuss wages. 

A maximum wage would not limit the amount of money a successful business could generate, it would limit the amount of money owners or other employees, could draw out of that successful company. Thus the company would have more money to hire new employees, or increase capital, whether through savings, or purchasing assets, making the company more solvent.


Such a convenient argument in your theoretical world,  Renton.  So  you assume the "new hires" would be as productive as the ones currently at a company making good salaries.    Maybe there's good reason the "current employees" make good money.

There is no certainty in your argument that a maximum wage would not limit the amount of money a successful business could generate.    You wrongly assume the "new hire" is just as productive & valuable to the company as the "current employee."

...it could be true, but there is not certainty in the argument. 



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#52
Posted: 7/17/2012 11:38:48 PM
QUOTE Originally Posted by Rush51:



Such a convenient argument in your theoretical world,  Renton.  So  you assume the "new hires" would be as productive as the ones currently at a company making good salaries.    Maybe there's good reason the "current employees" make good money.

There is no certainty in your argument that a maximum wage would not limit the amount of money a successful business could generate.    You wrongly assume the "new hire" is just as productive & valuable to the company as the "current employee."

...it could be true, but there is not certainty in the argument. 




Huh?

Where did I state anything about the productivity of a new hire?
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#53
Posted: 7/18/2012 1:15:46 AM

DJ,

I also find it funny how these so called small business owners, dont even realize they are getting bent over backwards by the big corporations and all the loopholes they have. This disadvantage is a major reason small businesses go out oof businesses, yet these same guys are defending the corporate elite  I doubt that most who claim they own a small business actually do, or else they would be extremely pissed off right now at the corporations who are running them out of business. Small businesses going against the corporations is like an NFL team playing with 5 players and no QB on the field against the other team with 11.  5 player team has zero chance

I also got a kick out of the small business owners who say they are giving their employees pensions, yet they are here everyday bashing pensions.  Sure they are giving pensions

 

 

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#54
Posted: 7/18/2012 7:08:52 AM
and i also get a kick out of the corporate bashers who have their pension funds heavily invested with said crooks
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#55
Posted: 7/18/2012 12:03:20 PM
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#56
Posted: 7/18/2012 12:24:52 PM

Renton,

What about this example?

I love Thai food....the spicier the better. Once every other week, sometimes every week, I drive past 3 or 4 Thai food establishments to get to the one who makes the best thai food like I want it. If the owner of that establishment hit your cap in August then I would not be able to get what I wanted for 4 months. ?????

I would be forced to go to one of the shops that doesn't cater to ME.

NO WAY! I would never advocate such a program. I think most people would never agree to implement anything close to your idea.

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#57
Posted: 7/18/2012 12:57:47 PM

djbrow

if you are referring to me I did not defend anything. I merely gave Renton a hypothetical of some possible unintended consequences of a maximum wage. Surely you can understand that.

cd

I have stated numerous times in here that the tax code needs to be changed. Also, see above about the hypothetical I laid out for Renton.

Large corporations are the source of most of my business so I benefit directly from them. I dont compete with them I hope that is now clear to you. Also, union pensions are paid for primarily by the tax payer whereas private industries do not have the luxury of such an arrangement where the tax payer is on the hook. We offer a 401K and if you choose not to believe what I am saying I have no interest in trying to sway you.

 

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#58
Posted: 7/18/2012 1:00:21 PM

cd

 please provide some statistics to back up your claim that loop holes used by large corps are the reason small biz go under.

 

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#59
Posted: 7/18/2012 1:05:27 PM

dj

please do some research on what a biz with 49 employees has to comply with versus a biz with 50+.......

and again, I have advocated for a revamped tax code numerous times.....most small biz are pass through entities so the profits are taxed as personal income.....I would hope you of all people would know that.

 

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#60
Posted: 7/18/2012 1:17:50 PM

  right wingers, they crack me up.  They believe they are Gods gift to man kind

 

Lords if you need proof, that corporations who are not paying taxes because of all the loopholes that they have, arent putting small businesses out of business, i highly doubt you own or know anything about a small business.

On top of that small businesses cant compete with corporations use of slave labor overseas to make their products.

All things you might actual be aware of, if you had a business.

So go right ahead and keep telling us how great the dirtbag corporations are

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#61
Posted: 7/18/2012 1:43:47 PM

again, please provide some statistics that show the direct correlation between loop holes and small biz going under....thank you.

the tax code is there for everyone to manipulate cd....that is why I say it needs to be rewritten. I assume you take zero deductions when filing your return? Biz take advantage of the same garbage but on a much larger scale. Yes, it is crazy that companies like GE pay zero in taxes.....it should not happen but they are not doing anything illegal

did you read the part where I said I dont compete with big business? Some do but I do not. I do have oversees competitors that the bigs try to use but the bigs are finding at the end of the day the savings isnt always there. That and I can provide a faster turn around which makes me and other local vendors the preffered choice in most cases.

Thank you for your thoughtfulness

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#62
Posted: 7/18/2012 2:11:32 PM
CD only speaks in generalities. Never does he get specific or post anything other than his opinion.
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#63
Posted: 7/18/2012 5:17:07 PM
If you view maximum wages as a solution, then you must see the problem as people making too much money

I'd hoped this thread was started as a joke, but sadly, that doesn't seem to be the case

Re post 31, i'm not sure that warrants a response

What we all should find quite sad is that the only type of tax people ever brainstorm about, is a tax on incomes, which everyone with even the slightest bit of economic knowledge/understanding, knows are anathema to economic activity

Renton, if you are serious about wanting to fix the current system, here are some of my favored ideas that we should be implementing.

First off, do away with the Income taxes altogether, we shouldn't be looking to punish people for productive activity. What one earns, one should keep

Have you ever heard of Silvio Gesell or Henry George?

Gesell was smart enough to devise a working system, otherwise known as 'stamped money'.

you can read about him

here - wiki

and

here - link

Henry George is probably the most famous American political figure, nobody's ever heard of. And that's because his 19th century best seller Progress and Poverty laid out the groundwork on how to fix our system, so that it works and works well for everybody

here's his wiki page

here's a primer on land value taxation, a Winston Churchill speech where he explains it well in short order



maybe rather then bust your balls for such a silly idea, i figured i'd help you see some much better alternatives to our current system of fuckedness
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#64
Posted: 7/19/2012 4:12:57 AM
QUOTE Originally Posted by bowlslit:

CD only speaks in generalities. Never does he get specific or post anything other than his opinion.


you wanna get specific on your pussified america comment where you advocate the physical abuse of children?

of just continue to speak in generalities and give prescribed opinions and talking points...

I predict you running from this question like a frightened coward that likes to talk crap until someone calls them on it and then they go silent... we all know "that guy"

dont be "that guy"
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#65
Posted: 7/19/2012 10:14:21 PM
This whole maximum wage argument is akin to a progressive tax structure for business.   Why penalize people or business the more successful they get ?

People who don't agree with this argument probably believe government is the answer and business should be regulated..


If this is your belief, Look no further than a country like Spain where the government got so big that the people depended on it and it imploded.  Horrible (progressive)  tax structure and an entitlement system that was the envy of any country... until it failed.

Spain now has 50% unemployment rate for people under 25 years, and an overall unemployment rate of 25% ! 
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#66
Posted: 7/19/2012 11:50:52 PM
QUOTE

Originally Posted by Rush51:

This whole maximum wage argument is akin to a progressive tax structure for business.   Why penalize people or business the more successful they get ?

People who don't agree with this argument probably believe government is the answer and business should be regulated..


If this is your belief, Look no further than a country like Spain where the government got so big that the people depended on it and it imploded.  Horrible (progressive)  tax structure and an entitlement system that was the envy of any country... until it failed.

Spain now has 50% unemployment rate for people under 25 years, and an overall unemployment rate of 25% ! 

 

Did/does Spain have a maximum wage policy?

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