Nice.California wrote:The immigrant problem definitely exists, but since the banks are able to flood the market with cheap credit we haven't reached a point where the economy is grinding to a halt because the vast majority of the public can't afford anything.
Minimum Wage Sucks Because
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Re: Minimum Wage Sucks Because
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Re: Minimum Wage Sucks Because
California wrote:The immigrant problem definitely exists, but since the banks are able to flood the market with cheap credit we haven't reached a point where the economy is grinding to a halt because the vast majority of the public can't afford anything.Speaker to Animals wrote:You guys have it backwards. The reason wages are so shitty is that for the past forty years our government has turned the other way while millions of illegal immigrants flooded our country, and because the government deliberately upped the legal immigration rate to glut the labor pool, including the H1B scam that targets professionals.
The low wage issue literally is the immigration issue. People who demand open borders and "diversity" from even more immigration have NO BUSINESS complaining about stagnant real income. Most of them are too ignorant to even realize why.
Our nation is flushing down the toilet because fucking idiots like this have a vote.
It isn't a matter of when and how the economy will grind to a halt.
I am tired of hearing the same people who demand we open up borders then complain about low wages. Those people need to stop voting.
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Re: Minimum Wage Sucks Because
Go back a step, and read the responses to your latest tirade. It has NOTHING to do with illegal immigration, you fucking toon. It's happening because the banks dictate it to be so. Illegals wouldn't be here, if it made sense for nationals to get out in fields and sweat.Speaker to Animals wrote:California wrote:The immigrant problem definitely exists, but since the banks are able to flood the market with cheap credit we haven't reached a point where the economy is grinding to a halt because the vast majority of the public can't afford anything.Speaker to Animals wrote:You guys have it backwards. The reason wages are so shitty is that for the past forty years our government has turned the other way while millions of illegal immigrants flooded our country, and because the government deliberately upped the legal immigration rate to glut the labor pool, including the H1B scam that targets professionals.
The low wage issue literally is the immigration issue. People who demand open borders and "diversity" from even more immigration have NO BUSINESS complaining about stagnant real income. Most of them are too ignorant to even realize why.
Our nation is flushing down the toilet because fucking idiots like this have a vote.
It isn't a matter of when and how the economy will grind to a halt.
I am tired of hearing the same people who demand we open up borders then complain about low wages. Those people need to stop voting.
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Re: Minimum Wage Sucks Because
GrumpyCatFace wrote:Go back a step, and read the responses to your latest tirade. It has NOTHING to do with illegal immigration, you fucking toon. It's happening because the banks dictate it to be so. Illegals wouldn't be here, if it made sense for nationals to get out in fields and sweat.Speaker to Animals wrote:California wrote: The immigrant problem definitely exists, but since the banks are able to flood the market with cheap credit we haven't reached a point where the economy is grinding to a halt because the vast majority of the public can't afford anything.
It isn't a matter of when and how the economy will grind to a halt.
I am tired of hearing the same people who demand we open up borders then complain about low wages. Those people need to stop voting.
It has everything to do with immigration you fucking moron. If you bring in millions of workers, guess what happens to the wages for workers?
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Re: Minimum Wage Sucks Because
I wasn't disagreeing with the point of your statement, just saying that the 20/80 applies to federal income tax, and not to all federal taxes.Martin Hash wrote:Dude, that's the same 20%.adwinistrator wrote:Correction: approximately 20% of the workers pay 80% of the federal income taxMartin Hash wrote:20% of the people pay 80% of the taxes.
Federal income tax makes up around 47% of the federal tax revenue.
You're statement, if referring to all federal tax revenue, should read "20% of the people pay 37.6% of the taxes".
p.s. I'm looking for you to make a case for your 37.6% angle. Maybe a link? This isn't an argument I've heard before...
National Taxpayers Union Foundation - Who Pays Income Taxes?
Top 1% pays 39.48%
Top 5% pays 59.97%
Top 10% pays 70.88%
Top 25% pays 86.78%
Center on Budget and Policy Priorities - Policy Basics: Where Do Federal Tax Revenues Come From?
80% of 47% is 37.6% of all federal tax revenue.
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Re: Minimum Wage Sucks Because
Agree, I don't think Grumps understands Market Forces? If there wasn't anybody to pick strawberries for $1/hr., then the grower would have to pay whatever the Workers demanded. And YES, consumers of strawberries would bear the cost. UNFORTUNATELY, our Trade Policy just allows foreign growers to ship their strawberries here. But, whatever, Creative Destruction and all that.Speaker to Animals wrote:It has everything to do with immigration you fucking moron. If you bring in millions of workers, guess what happens to the wages for workers?
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Re: Minimum Wage Sucks Because
They will have nothing to fucking do here, if the locals can be incited to do the jobs they're taking. The illegals are a stop-gap for the death of a living wage in this country, not the cause.Speaker to Animals wrote:GrumpyCatFace wrote:Go back a step, and read the responses to your latest tirade. It has NOTHING to do with illegal immigration, you fucking toon. It's happening because the banks dictate it to be so. Illegals wouldn't be here, if it made sense for nationals to get out in fields and sweat.Speaker to Animals wrote:
It isn't a matter of when and how the economy will grind to a halt.
I am tired of hearing the same people who demand we open up borders then complain about low wages. Those people need to stop voting.
It has everything to do with immigration you fucking moron. If you bring in millions of workers, guess what happens to the wages for workers?
If you run the society to a bizarre point where your businesses feel fine about paying minimum wage for back-breaking labor, and the government is paying more for them to stay home, then they'll stay the fuck home. What do now? Hire some illegals. More of them show up, when there's more work for them. If the work isn't there, they'll stay home.
I can't make this any simpler, but it won't matter. Some poisoned corner of your mind is about to retch up some racial purity bullshit, to deflect from actually considering this point.
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Re: Minimum Wage Sucks Because
Explain the bolded line.adwinistrator wrote: Top 1% pays 39.48%
Top 5% pays 59.97%
Top 10% pays 70.88%
Top 25% pays 86.78%
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Re: Minimum Wage Sucks Because
WTF?! (Do you even read what you're saying?)GrumpyCatFace wrote:If you run the society to a bizarre point where your businesses feel fine about paying minimum wage for back-breaking labor, and the government is paying more for them to stay home, then they'll stay the fuck home. What do now? Hire some illegals. More of them show up, when there's more work for them. If the work isn't there, they'll stay home.
Businesses pay low wages BECAUSE THEY CAN. And they CAN because of ILLEGALS.
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Re: Minimum Wage Sucks Because
The bolded line is only income tax.Martin Hash wrote:Explain the bolded line.adwinistrator wrote: Top 1% pays 39.48%
Top 5% pays 59.97%
Top 10% pays 70.88%
Top 25% pays 86.78%
Income tax makes up 47% of all federal tax revenue
You said "20% of people pay 80% of the taxes".
I clarified that by "taxes", you really mean "income taxes", since the other 53% of taxes are not income taxes.
I agree with you that 20% of people pay 80% of federal income taxes, I even posted a link to the data showing this!
Do you agree that federal income taxes only account for 47% of federal tax revenue?