Quote:
Originally Posted by stevo
Thats all I wanted. Thanks.
|
Is that it, no other comments? No debate on my suggestions?
I noticed you clipped the main portion.
Why do you think this system that we have should not be changed or we should totally do away with the minimum wage?
What is it you believe would better our country and why?
I showed my cards. It's a simple proposal my points. If we do it, and there are those that still go heavily into debt or don't work then we can say we gave every possible chance to everyone and drop the whole issue for good.
However, I believe that people will save more, get out of debt, the economy will still move forward and tax revenue will go up while the burden is spread out more evenly, less services are needed, less failures to pay on debts that are eaten by companies and passed on to purchasers and so on. So in the end the rich pay less taxes, and quite possibly make more because of the growth and their holdings in stocks, bonds, munis and so on.
I see it as a win - win situation. The rich still stay very rich, but the middle class and poor now would have legitimate chances to advance and move upward. But again it would be up to the individual to take advantage of the 5-10 years that this was in effect. My belief is it would work and there would be no need to return to the system we are in, however, if we did at least we had a period where people could truly catch up.