It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
According to UC Berkeley's report, Walmart employees earn 14.5 percent less than other workers in large retail companies. Depressing stuff, but there is any easy enough fix: If Walmart implemented a $12 per hour minimum wage for all employees, it would cost the company $3.2 billion. That is a lot of money, unless you're Walmart, in which case it's just 1 percent of your overall annual $305 billion in sales. Even if Walmart passed on the entire burden of the wage increase to customers, it would only average out to a cost increase of 46 cents per shopping trip. That's surely something that most Walmart shoppers can afford.
.....When 50% of citizens don't pay any taxes at all, something's wrong....
Appreciate the contribution and all the links you have provided. The farmer one was an eye opener IMO.
Originally posted by SlasherOfVeils
Secondly, When trump knows his taxes aren't going to go up 4% from what they currently are, that's enough extra dough to go hire about 100 more joe smiths and sally browns, and he knows he can expand his business, open new stores, and put people to work. Now provided those 100 people aren't 2 kid single mothers working half on the books with unreported cash income, you now have a giant handful of new taxpayers contributing, AND you expanded the economy. Sure if you took his 4% taxes, you have slightly more tax income, but the economy stagnates.
Originally posted by neo96
starting with the half of this country who pays no taxes whatsoever.
Originally posted by crimvelvet
reply to post by GeorgiaGirl
.....When 50% of citizens don't pay any taxes at all, something's wrong....
That is incorrect.
50% of WAGE EARNERS pay less than 3% of the taxes. The Employment-Population Ratio was 58.2% in Jun 2011.
You are looking at 29% of wage earners paying 97% of the income taxes.
The Civilian Labor Force Participation Rate was 64.1% in Jun 2011
The labor force is the sum of employed and unemployed persons. ( includes those 16 years and over who work) The labor force participation rate is the labor force as a percent of the civilian non-institutional population. [Not in prison etc.]
Not in the labor force: Persons who are neither employed nor unemployed are not in the labor force. This category includes retired persons, students, those taking care of children or other family members, and others who are neither working nor seeking work. Information is collected on their desire for and availability for work, job search activity in the prior year, and reasons for not currently searching.
This was 83,941,000 in 2010. In 2010 1,173,00 listed Discouragement over job prospects up from 778,000 in 2009.
The Employment-Population Ratio was 58.2% in Jun 2011
Information from Bureau of Labor Statistics and Tax Policy Center (Democrats)
...when a company controls that much wealth, they probably need to employ as much as they possibly can....
This investigative report, as part of an ongoing series on corporate and government accountability, was researched and written by GAP Legal Director, Tom Devine.
Personally when a company controls that much wealth, they probably need to employ as much as they possibly can.
Personally when a company controls that much wealth, they probably need to employ as much as they possibly can.
Small businesses losing out to red tape
cities and states stifle new small businesses at every turn, burying them in mounds of paperwork; lengthy, expensive and arbitrary permitting processes; pointless educational requirements for occupations; or even just outright bans.Today, the Institute for Justice released a series of studies documenting government-imposed barriers to entrepreneurship in eight cities. In every city studied, overwhelming regulations destroyed or crippled would-be businesses at a time when they are most needed.
Time and again, these reports document how local bureaucrats believe they should dictate every aspect of a person's small business. They want to choose who can go into which business, where, what the business should look like, and what signs will be put in the windows. And if that means that businesses fail, or never open, or can operate only illegally, or waste all their money trying to get permits so they have nothing left for actual operations, that's just too bad...
*In Chicago, Esmeralda Rodriguez tried to open a children's play center, paying rent month after month while she waited in vain for the government permits she needed to open her business. After a full year of bureaucratic red tape, she finally exhausted her life savings and closed down for good....
When governments actually get rid of barriers to entrepreneurship, new businesses open almost immediately.
...removing even a single law can unleash entrepreneurial energy and create hundreds of jobs....
America was once known as the Land of Opportunity. It could be again, but not until state and local officials get out of the way of entrepreneurs trying to fulfill their dreams of new business and new prosperity for themselves and their families.
Chip Mellor is president and general counsel of the Institute for Justice.....
...a business earning 10 million is paying more than you are in fact they are paying $3.5 million...
Originally posted by spyder550
He's a republican -- what is the track record on republican ideas about money -- argument is invalid.
Originally posted by TheWalkingFox
Originally posted by neo96
reply to post by crimvelvet
federal employees in my opinion dont generate wealth remember they get paid by tax revenue from the taxpayer
Then you have absolutely no clue about anything related to economics, and should sit down and shut up, and try to learn from the people who understand the basics rather than spewing your ignorant, malinformed opinion as if it had value to anyone but yourself.
Remedial Economics 1a: Labor generates wealth. Whether it's a guy building a house, a public worker shuffling papers, or a plastic surgeon installing some new tits, these people are performing a service that has value. Wealth is thus generated.
Originally posted by TheWalkingFox
Would you like to learn about supply and demand while we're in the remedial courses? Maybea small lesson on inflation? C'mon, this is fifth grade stuff, you should know it.
and when and if they ever pay taxes back doesnt even begin to amount to the wealth generation of non government workers.
For the simple reason there are more non-government workers. Congratulations, you have discovered demographics.edit on 26/7/2011 by TheWalkingFox because: (no reason given)
Originally posted by neo96
reply to post by JustinSee
social security is a scam man in more ways than one
first off its a ponzi scheme
secondly everyone says they pay into ss so they should be getting it but the reality is:
you pay 6 % and you pass the buck off to your employer matches at another 6 % passing that off to federal government who decides who gets who doesnt and then steals it.
the fact is that 6% that you actually pay never amounts to what you receive in total pay.
people are better off taking that 6% and put it elsewhere.
and your right its not your fault americans are the victims here of bad government and bad policies that destroy people instead of doing what they were supposedly designed for.
best of luck man.
All these political debates are a waste of time, both sides are controlled by the same agents, why do people say 'oh no republicans have this track record' where as democrats have 'this track record' when in reality they both serve the same agenda so why doesnt everyone stop wasting there enrgy on this pointless S*** and talk about something IMPORTANT.
...the very incarnation of an international organization of integration in which Member States have agreed to relinquish sovereignty in order to strengthen the coherence and effectiveness of their actions.
...If there is one place on earth where new forms of global governance have been tested since the Second World War, it is in Europe. European integration is the most ambitious supranational governance experience ever undertaken. It is the story of interdependence desired, defined, and organized by the Member States. In no respect is the work complete—neither geographically nor in terms of depth (i.e., the powers conferred by the Member States to the E.U.), nor, obviously, in terms of identity....
Our challenge today is to establish a system of global governance that provides a better balance between leadership, effectiveness, and legitimacy on the one hand, and coherence on the other...
This report analyzes the gap between current international governance institutions, organizations and norms and the demands for global governance likely to be posed by long-term strategic challenges over the next 15 years. The report is the product of research and analysis by the NIC and EUISS following a series of international dialogues co-organized by the Atlantic Council, TPN, and other partner organizations in Beijing, Tokyo, Dubai, New Delhi, Pretoria, Sao Paulo & Brasilia, Moscow, and Paris. ....
Originally posted by crimvelvet
reply to post by neo96
...a business earning 10 million is paying more than you are in fact they are paying $3.5 million...
Neo do you have any links for that info??? I would like to add it to my book marks.