Ginger made a post about taxes, it made me think of the state wanting to raise minimum wage to $15 per hour.
When minimum wage is increased, it increases the burden to the company. The companies need to make a profit or they are not in business anymore.
Expansion costs money, as does making products, start up costs, building maintenance, none of which the employee actually pays for.
When minimum wage is increased, two things will happen it means fewer employees will be hired and costs to the consumers (those that buy things from from the company) will go up.
This increases inflation and lowers the value of the dollar.
Those that want to make $15 dollars and hour at Burger King, Burger King was never meant to be a life time employment. It was intended to be for high school kids, college students needed some extra cash not life time employment unless your a manager (and I don't think they earn that much) or an owner.
Six years ago gas was $1.85 now its nearly $4.00
America has gone above and beyond living outside it's means. Why the stock market hasn't crashed yet has me baffled.
If the government could spend within it'smeans costs would go down, taxes would be less and income for everyone would increase.
There's my gripe for the day. You can join Unsolved Mysteries and post your own mysteries or interesting stories for the world to read and respond to Click hereScroll all the way down to read replies.Show all stories by Author: 63575 ( Click here )
Halloween is Right around the corner.. .
|