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View Diary: Obama's proposal to raise the minimum wage collides immediately with usual Republican malarkey (171 comments)

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  •  Yes. Exactly. (1+ / 0-)
    Recommended by:
    Thomasina

    And, because my business is profitable, I would pay higher taxes to support low-paid workers.

    Those who are getting rich in America should pay. But the problem with the Minimum Wage is that it hits you before you even make a profit.

    We don't want to stop economic activity from happening. We want the house to be renovated. We just need to make adjustments on the back-end...transferring wealth from the profitable businesses (or high-paid workers) to the low-paid workers.

    If we try to do the transfer on the front-end, we might stop the job from happening. Then there will be nothing to tax, no wages to spend, no house to live in.

    •  So either you pay higher taxes, or higher wages. (3+ / 0-)
      Recommended by:
      Tim DeLaney, Catte Nappe, schnecke21

      It wiill be one or the other. Would the higher wages not be tax deductible for you? As a business expense?

      Look, I understand your need to make a profit and to do that you have to keep costs down.

      But most workers would rather make a decent wage and not have to rely on government  assistance as a supplement to low wages to keep from starving. For their dignity and sense of self-worth.

      Those un-skilled workers count too. Seriously, try flipping a house without them some time.

      You cannot cross the sea merely by standing and staring at the water. Rabindranath Tagore

      by Thomasina on Wed Feb 13, 2013 at 12:30:49 PM PST

      [ Parent ]

    •  At what rates? (1+ / 0-)
      Recommended by:
      Catte Nappe
      And, because my business is profitable, I would pay higher taxes to support low-paid workers.
      What effective tax rate (total amount of taxes in a year divided by total profits) would you be willing to pay? What marginal rate (tax on each additional dollar of profit) would you be willing to pay?

      Writing in all lower-case letters should be a capital offense

      by ebohlman on Wed Feb 13, 2013 at 01:24:29 PM PST

      [ Parent ]

    •  No, you wouldn't "pay the higher taxes," (0+ / 0-)

      and you know it.

      You would simply hire better lawyers and accountants to weasel out of them.

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