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Michael
 
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Default minimum wage thought


"FamilySailor" wrote in message
...
I was wondering if the Democratic party really cared about the people when
they say they want to raise the minimum wage. Then it occurred to

my........
that would increase the amount of income tax they receive by who knows how
much..... I think I stumbled onto the real motivation..... They want more

of
our money!



In real life raising the minimum wage does the following:

1. Union members whose contracts are pegged to the minimum wage get a big
boost. Teamsters/UPS are a good example.
2. The cost of goods from manufacturing to delivered at the store goes up.
3. The price of goods at the store goes up. From observation I'd say this
takes about a month to two months.
4. The minimum wage workers end up paying more. They don't pay more in
direct taxes because they still don't make that much. The taxation increase
comes from those whose higher than minimum wages were boosted as a result
and of course and increase in sales taxes etc.
5. But then the union negotiators as for increases in the subsequent
contracts based on the increase in the cost of living and the company
involved does the cost over-run bit and so it goes ..

Your start and ending was correct, just the middle was missing.

Even more insiduous is the laundering of tax dollars via the unions into
political contributions via the Davis-Bacon Act. Both Democrats and
Republicans benefit. If I tried that it would be jail time for sure.

But on the whole I'd rather be a union member getting the big bucks than one
of the majority of the working class who get screwed, blued and tatooed by
both halves of the one party system.

So don't take this as a complaint. Just an explanation.

Grin (keep those dollahs coming folks, the boat industry of Port Townsend
appreciate the trickle and I'm glad to help the flow!

Michael

Vote for a return to the two party system! Vote Libertarian ...or Green .
....or.........