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Originally Posted by pan6467
- Finally, you put a maximum wage on CEO's. They can only make the maximum payroll of all employees combined. So if you have 100 employees and they make a combined $2,860,000 ($13.75*40*52*100) a year you recieve a $2,860,000 max for your salary.
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Of course I'm not going to agree with any of your points - not to insult you, but they are more suited to the old USSR than America. But skipping ahead #3, what if I have a consulting business, where my wife and I are the owners and we have no employees. We have annual revenues of $1,000,000 and together we pocket $500,000 a year in profit. Now we want to hire someone to do some basic data-entry and report proofing. This position only requires 20hrs a week. We decide to pay this part time employee $30,000 a year to work 20 hours a week entering data and proofing reports. (a very very generous deal) So are you telling me my wife and I can only take home $120,000 combined for the year. Don't you see how preposterous your suggestion is? I would be better off not hiring someone than to hire them.
On to point 2
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- A price freeze ON ALL GOODS for a minimum of 1 year, a maximum of 2 years. This allows people to catch up to their debt. As for small business and businesses that show TRUE economic hardship, the government offers grants and tax write offs to help them counterbalance the wages. After the time period you reevaluate the companies and allow price increases but they have to be justified.
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Now what happens if there is a natural disaster, like a hurricane in FL that wipes out the tomato and pepper crops. The farmers that own these crops only have a limited supply left and it will take at least 2 months to get more product to market. But the demand for these crops remains steady. The laws of supply and demand tell us that the price for tomatoes and peppers will increase for a limited time until the supply returns to normal. Are these poor farmers supposed to suck it up and take it because of a price freeze on all goods? What about the farmer? its not his fault a hurricane wiped out his crop, but shouldn't he be able to sell what he has left for the most he can? After all, they are
his peppers and tomatoes.
Do we really have to discuss what will happen to the number of employed people in this country if the minimum wage was increased to $13.75 an hour? Do we? Do we really?
Its good to dream, pan, but its better to be practical. I'm not for equality if it means we are all equally poor.