Thread: Taxes
View Single Post
Old 12-01-2004, 10:44 AM   #48 (permalink)
madsenj37
Still searching...
 
madsenj37's Avatar
 
Location: NorCal For Life
Quote:
Originally Posted by KMA-628
Um, no.

Fact: a side-effect of raising the minimum wage is a decrease in the demand for labor. i.e. an increase in unemployment. That means less taxes going to the "social programs".

Forcing a system out of equilibrium will most always have negative side effects.

The other problem is that no one will ever agree on exactly what a "living wage" is. $6.50? $7.00? $8.00? $10.00? or even higher.
Those were my thoughts exactly.
__________________
"Only two things are certain: the universe and human stupidity; and I'm not certain about the universe."
-- Albert Einstein
madsenj37 is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62