Business friendly minimum wage increase.

[Mott the Hoople]

To your later point what firm or industry is seeing reduced investment based on executive pay? If a company's stock performs well do you think investors care about how much the CEO makes?

No and that's a good point and I probably shouldn't have tried to burn the candle at both ends as my intent was to show that there are solutions to economic inequality that are business friendly. My first proposal meets that criteria where the second...not so much.

 

[Mircea]

We all know that income inequality is a real problem..

It isn't, but thanks for the lie just the same.

... and if it continues it will ultimately cause civil strife...

Scare Tactic
If you suppose that terrorizing your opponent is giving him a reason for believing that you are correct, then you are using a scare tactic and reasoning fallaciously.

Drones will take care of any rioters.

If a company gives X% of their profits to employees as merit raises they will get an equivalent X% amount decrease in their taxes. Unlike supply side nonsense this would create greater government revenue through increased economic stimulus and it would combat income inequality.

Conversely if a company was to increase an executives pay by say more than 10 times the median employee salary than they would have to pay a corresponding amount in tax increase. This would reign in excessive executive pay which would thrill investors and lead to greater investment.

Only 3% of US Businesses are Publicly Traded Corporations, and here is the average CEO Salary:

$180,700

http://www.bls.gov/oes/current/oes111011.htm

 

[CFM]

We all know that income inequality is a real problem and if it continues it will ultimately cause civil strife so here's an idea that I heard that sounds like an effective solution that is actually very business friendly.

If a company gives X% of their profits to employees as merit raises they will get an equivalent X% amount decrease in their taxes. Unlike supply side nonsense this would create greater government revenue through increased economic stimulus and it would combat income inequality.

Conversely if a company was to increase an executives pay by say more than 10 times the median employee salary than they would have to pay a corresponding amount in tax increase. This would reign in excessive executive pay which would thrill investors and lead to greater investment.

After this nonsense, we all know that you don't realize the true cause of income inequality.

 

[CFM]

No and that's a good point and I probably shouldn't have tried to burn the candle at both ends as my intent was to show that there are solutions to economic inequality that are business friendly. My first proposal meets that criteria where the second...not so much.

Forcing a business to pay someone more than their skills are worth isn't a solution to anything.

 

[CFM]

Nope.
When people can't feed their children then and only then will they rise up. Political scientists know this. That's why they are providing food for the poor.

Sad how those who aren't fulfilling their most basic responsibility as a parent get mad when THEY aren't doing what THEY'RE supposed to do. Typical freeloader getting mad because someone else says no to them.

 

[CFM]

Bad idea, Mott. Everybody knows that although tax cuts and corporate welfare create jobs, giving more to workers is Socialism and will destroy America's children.

Giving more? Interesting use of words. How about workers EARN more?

 

[CFM]

Actually it would decrease socialism cause it would decrease the need for government assistance programs. This is a pro business market based solution to the problem.

According to Obama, unemployment is way down compared to when he took office. Why isn't the use of food stamps, an assistance program, decreased? So much for your claim.

 

[CFM]

no...you give employers a tax break. It's up to them to use it. If they don't, then it wouldn't work. What's your solution? Let people starve? Pay more in Government assistance?

My solution is the one I've proposed many times. If you see someone that you determine is in need, meet that need with YOUR money. If you care as much as you SAY you do, it's simple, prove it. The government need not play a role if you truly care. Surely all you bleeding heart Liberals are willing to share what you have voluntarily.

 

[Legion Troll]

 

[canceled.2021.1]

No and that's a good point and I probably shouldn't have tried to burn the candle at both ends as my intent was to show that there are solutions to economic inequality that are business friendly. My first proposal meets that criteria where the second...not so much.

Quick question is this thread an admission that most attempts at going after this supposed scourge of "income inequality" is UNFRIENDLY to business?

 

[canceled.2021.1]

Here is a "business friendly" idea. All employers who raise the minimum wage to $15/hour gets free lifetime Unicorn rides. It is a perfect idea and is "market" based

 

[USFREEDOM911]

My solution is the one I've proposed many times. If you see someone that you determine is in need, meet that need with YOUR money. If you care as much as you SAY you do, it's simple, prove it. The government need not play a role if you truly care. Surely all you bleeding heart Liberals are willing to share what you have voluntarily.

I've proposed a better one, in the past.
Why don't a bunch of liberals pool their money and start a business.
Pay the workers what they want and advertise that this is exactly what they're doing.
Then as they become so successful, just think how many applications they'll have to choose from.
This should mean that they can expand their business or take the "profits" and start another business.

According to their "business model" their business should shoot to the top and in doing so, not only will they be able to meet the needs of their employees; but they should be causing the greedy businesses to fail and leave the market.

So far, no one seems inclined to undertake such an enterprise.

 

[canceled.2021.1]

I've proposed a better one, in the past.
Why don't a bunch of liberals pool their money and start a business.
Pay the workers what they want and advertise that this is exactly what they're doing.
Then as they become so successful, just think how many applications they'll have to choose from.
This should mean that they can expand their business or take the "profits" and start another business.

According to their "business model" their business should shoot to the top and in doing so, not only will they be able to meet the needs of their employees; but they should be causing the greedy businesses to fail and leave the market.

So far, no one seems inclined to undertake such an enterprise.

Can you imagine a business run by Mott, Desh and Legion Fag? Oh my. They will surpass Amazon in no time

 

[Legion Troll]

An entry-level employee at Ben & Jerry's can expect to make $15.97.

Workers get paid leave, health club memberships, and three free pints of ice cream every day.



http://www.csmonitor.com/Business/2014/0626/IKEA-Gap-and-eight-more-companies-that-pay-higher-than-minimum-wage/Ben-Jerry-s

 

[Legion Troll]

QuickTrip offers entry-level workers a starting annual salary of $40,000.

That's more than double the federal minimum wage of $7.25 an hour.

QuickTrip employees continually say the convenience store and gas retailer is a great place to work.

Fortune has named the company one of its "100 Best Companies to Work For" 11 years in a row.


http://www.csmonitor.com/Business/2014/0626/IKEA-Gap-and-eight-more-companies-that-pay-higher-than-minimum-wage/QuickTrip

 

[Legion Troll]

Trader Joe's pays its crew members an average minimum hourly wage of $13.29.

The grocery store also provides free dental and vision care to all employees who work more than 15 hours per week.



http://www.csmonitor.com/Business/2014/0626/IKEA-Gap-and-eight-more-companies-that-pay-higher-than-minimum-wage/Trader-Joe-s

 

[Legion Troll]

The starting minimum wage for employees at Costco, the members only warehouse club, is $11.50, but the average wage for hourly workers is $20.89.

In addition to the high hourly wage, about 88 percent of employees have company-sponsored health insurance.

If you want to work your way up the corporate ladder, Costco is a great place. Seventy percent of the company's warehouse managers started out as cashiers.


http://www.csmonitor.com/Business/2014/0626/IKEA-Gap-and-eight-more-companies-that-pay-higher-than-minimum-wage/Costco

 

[Norah]

I think that minimum wage should be set either at the state or local level only and not a federal minimum wage. The reason why I think this is because not all states, cities, or towns are identical and the cost of living in some of those places can be hugely different. Actually I don't think there should really even be a minimum wage but if there has to be one i'd rather it be either at the state or local level deciding what it should be.

 

[canceled.2021.1]

I think that minimum wage should be set either at the state or local level only and not a federal minimum wage. The reason why I think this is because not all states, cities, or towns are identical and the cost of living in some of those places can be hugely different. Actually I don't think there should really even be a minimum wage but if there has to be one i'd rather it be either at the state or local level deciding what it should be.

People that advocate arbitrary minimum wages set by government just don't understand economics

 

[Legion Troll]

I guess if people aren't smart enough to run a profitable business without squeezing their workers, they shouldn't be in business at all.