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Author | Topic: Wealth Distribution in the USA | |||||||||||||||||||||||||||||||||||||||
RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined:
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Does the cosco employee work that much harder than the walmart one? Does the walmart CEO work that much harder than the Costco one? Walmart - imho - is much more onerous in their pay scale, as people being subsidized by foodstamps are being subsidized out of taxes, so taxpayers are in effect paying part of walmart salaries to workers, while the CEO echelon sucks money into their greedy pockets. The minimum wage should be a living wage, period. I do not buy a thing from walmart. I do shop at Costco. Enjoy. by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined:
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Look at it this way:
... Businesses are responsible to their shareholders. ... Some people invest money in a company. They are little different than a loan from a bank. They don't create any product nor do they create any revenue for the company. Many companies operate without shareholders -- they are not necessary for a company to operate. Some people invest time and energy -- sweat equity -- in a company. The ones investing the time and energy are the ones responsible for making the company profitable. They are the ones that create the product/s and the revenue for the company. Without them there would be no company. Enjoy.by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined:
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A big question for me is how do you most effectively help small businesses? Big businesses do not need help (or they would not be in business).
When small businesses become successful and expand they create jobs. Job growth numbers show small businesses create more jobs overall than big businesses. Small businesses are local so money spent there stays local, boosting the local economy. Small businesses employ local people, so local unemployment decreases as they grow. Thus my 50-50-50 plan:
This amounts to base income of $18250.00(365x50) per year, and replaces social security, unemployment and welfare, etc. Everybody gets this, and they can select on their tax return whether they want it weekly, monthly or annually (taken off next years taxes). The whole program is run by IRS, so the other programs can be shut down and the people can engage in productive jobs or retire. People at the bottom of the economic spectrum will be spending 100% of their income, so it returns to the economy virtually instantly, thus boosting the economy. Small businesses now do not need to provide a living wage, they can provide extra pocket money. People can afford to not work at shit jobs to live, so businesses that have unattractive work will need to pay to attract workers. They will need to respect workers rather than treat them like slaves. Money would trickle up to lenders, banks, etc. thus benefiting them. Simple. Effective. Responsible. Feed the bottom and the whole pyramid grows. Enjoy Edited by RAZD, : .by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined:
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I always thought that if you pay your employees more they will in turn go out and spend more, invest more and increase the economy. But simply paying CEOs and Corporatist more does little to stimulate the economy because those types tend to acumulate weath but not spread it around. I could be wrong though. That's what Henry Ford believed, and that's what made Detroit the car central for the USA. The major problem today is wage inequality, and the tax structure should discourage this. Perhaps corporate tax rates should by (1-[lowest hrly wage/highest hrly wage]) ... pay everyone the same and you pay no taxes ...by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined:
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Not surprisingly, I haven't seen this story in america's corporate media, what do you think: I saw that and also that they had a proposal (don't know if it is voted on yet) to guarantee minimum living wage to every citizen. Both are good ideas, but the second is more likely, imho, to pass. This is why I advocate the 50-50-50 plan.
Thus my 50-50-50 plan:
This amounts to base income of $18250.00(365x50) per year, and replaces social security, unemployment and welfare, etc. Everybody gets this, and they can select on their tax return whether they want it weekly, monthly or annually (taken off next years taxes). The whole program is run by IRS, so the other programs can be shut down and the people can engage in productive jobs or retire. Tax returns would be simple one page documents anyone could fill out. Enjoy.by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined:
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Its all rather disgusting, and is a reason that I count on unionism to get a fair wage. The wealthy wont give up anything without pressure. Relying on unions will not get any universal relief, and all non-union people will vote against it. There needs to be regulation across the board that applies to everyone.
Message 509: Thus my 50-50-50 plan:
This amounts to base income of $18250.00(365x50) per year, and replaces social security, unemployment and welfare, etc. Everybody gets this, and they can select on their tax return whether they want it weekly, monthly or annually (taken off next years taxes). The whole program is run by IRS, so the other programs can be shut down and the people can engage in productive jobs or retire. Rebuild the economy from the bottom and let it trickle up. Enjoyby our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined: |
Hmm. If religion is what made the man so easy to fool, then how was he so easily fooled into religion? Don't remember who said this:
... It is easier to fool someone than to convince them that they have been fooled ... So true. Enjoy by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined: |
If it is going to work it needs to be tied to some measurement of cost of living. Agreed. There is some difficulty with c.o.l. being different in different parts of the country (cost of housing in particular) so it may need to be locally adjusted as well as inflation adjusted.
Cost of Living Calculator What we should really want is living wage (that's what all the latest protests at fast food franchises are about):
Living Wage Definitions MIT Living Wage Calculator Living Wage Calculation for Austin city, Travis County, Texas = $9.43 for a single person, $19.56 for an adult with one child. Living Wage Calculation for Topeka town, LaGrange County, Indiana = $8.65 for a single person, $16.99 for an adult with one child. $9.00/hr x 8hr/day = $72/day = $18,720 for 52 five day work weeks per year, so this is close to the $50/day every day = $18,250.00 (this would compare to $8.77/hr for 54 five day weeks per year) so this is in the right ball-park and still leaves some room for 'incentivising' people to work to realize better living conditions. Poverty wages for the same areas are all the same: $5.21 for a single person, $7.00 for adult with one child It seems rather onerous to me for someone earning below the living wage to be paying taxes, but they get dinged several thousand dollars annually. This would also need to include universal health care for everyone ... if you have a $50.00 annual copay each for Dr visits, annual medications, etc, then you pay cost for anything below that or $50.00. Enjoy.by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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