VGPolyglot said:
Nuvendil said:
You clearly have next to no knowledge of the small and middle tier business world. 90-95% of small businesses and middle tier business could not sustain $15 an hour. And they don't have the war chest to float a transition. I know this. Also, let's not fall into the trap that CEOs are EVIL and the rich are EVIL. While some can be dicks, many are very altruistic. And the job of major executives is one 95% of people couldn't do. I've seen that myself, most average joes couldn't run a taco stand much less a multi billion corporation.
As for standard of living, that is radically different from state to state and that's the problem with a $15 minimum wage. Cause cost of living effects pay and that effects business plans and structuring. It effects EVERYTHING. NY or Washington State might be able to support $15 without too much fuss. But Texas? NC? SC? No, it would be a complete and utter train wreck. The US is huge, the cost of living, wage disparity, economic strength, etc is not universal. Such a high federal minimum wage would be highly ill dvised. Let the States decide in accordance with what the State needs.
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Disagree entirely with the bolded. How do the rich get rich? By having many people work for them and giving them millions/billions of dollars, then them only giving back only what's mandatory. Also, if they were such nice guys, why do they move their bases of operation abroad, where they have slave labour and child labour in order to make as much money as possible.
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Like I said SOME are bad, others aren't. Like any other group. Trust me, you give the average Joe that spot and many would be far, far worse.
Tax evasion is a crappy practice but honestly our corporate taxes are among the highest so what do you expect to happen? That's the law needing to catch up with what technology makes possible for businesses.
But yes, they pay themselves. But the good executives and even most of the bad ones don't loaf around and rake in the cash. Managing a business of that size is very hard. And on that level, high pay is entirely just. They make more than the vast majority cause theirs is a job the vast majority would be hopelessly incapable of doing.
