Another unintended consequence is for those who receive social benefits (food stamps, medicaid, rental assistance, etc.) The increased income can reduce or eliminate those benefits.
Also at 20/hr most 12% taxpayers move to the 22%bracket, so newscum gets 22%of 20/hr instead of 12% of 15/hr.
Minimun wage hikes are for uncle Sam, not the poorly educated, indoctrinated, citizen
Also at 20/hr most 12% taxpayers move to the 22%bracket, so newscum gets 22%of 20/hr instead of 12% of 15/hr. Minimun wage hikes are for uncle Sam, not the poorly educated, indoctrinated, citizen***** per hour $15.00 x 2000 hours per year= $30,000 12% tax $3600 net $26,400, per hour $20 x 2000 $40000 22% tax $8,800 net $ 31200.
Like my Dad always said, “Stupid should hurt more.”
The whole idea is to destroy the economy & further the DS plan for the 'Great Reset' https://media.128ducks.com/file_store/08ea9d9ea8a4a3de77f2339027e95b60a8fee0c535d201238510bb4426510c23.png
Should have been $1 million/hour
Is that you Dr Evil
IMO ---- tariffs are better than minimum wage.
How does that work? Tariffs on McDonald's?
Bring manufacturing back home (with tariffs) ---- Mkay
Job market goes up ----- Mkay
Workers get more wealth because we are actually creating product ---- instead of creating inflation by printing money --- Mkay
Fast food has to compete with manufacturing. Customers have more wealth now.
.....and, if you don't like fast food --- you can get a job in manufacturing.
A child could have seen this coming. Comifornia folks!!
Another unintended consequence is for those who receive social benefits (food stamps, medicaid, rental assistance, etc.) The increased income can reduce or eliminate those benefits.
Also at 20/hr most 12% taxpayers move to the 22%bracket, so newscum gets 22%of 20/hr instead of 12% of 15/hr. Minimun wage hikes are for uncle Sam, not the poorly educated, indoctrinated, citizen
Also at 20/hr most 12% taxpayers move to the 22%bracket, so newscum gets 22%of 20/hr instead of 12% of 15/hr. Minimun wage hikes are for uncle Sam, not the poorly educated, indoctrinated, citizen***** per hour $15.00 x 2000 hours per year= $30,000 12% tax $3600 net $26,400, per hour $20 x 2000 $40000 22% tax $8,800 net $ 31200.
That's what happens when you have commies in control like Newsom... What a complete loser. Just like his Auntie Piglosi
Minimu wage jobs were never intended for adults.
Play stupid games win stupid prizes
Well, DUH
$20/hour = $20 Cheeseburgers. Lame.
and they thought this would work...........lol
Mission Accomplished