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Should the minimum wage be raised? (published 24-Nov-2008, Appleton Post-Crescent) What we see is that some workers' wages go up by government decree. What we DON'T see is the higher prices we pay on everything to subsidize those wages. Either that or fewer minimum wage workers get to keep their jobs. You either pay more for a Big Mac or the junior bun toaster is out on his ear. That is, government puts people out of work by raising the minimum wage. But you know what might really help minimum wage earners? Cancel FICA and Medicare taxes. They're the most regressive taxes of all. Let minimum wage workers keep every penny. But really what I wanna know is this: Why do our Congresscritters ... Read More »
Should the minimum wage be raised?
(published 24-Nov-2008, Appleton Post-Crescent)
What we see is that some workers' wages go up by government decree. What we DON'T see is the higher prices we pay on everything to subsidize those wages. Either that or fewer minimum wage workers get to keep their jobs. You either pay more for a Big Mac or the junior bun toaster is out on his ear. That is, government puts people out of work by raising the minimum wage. But you know what might really help minimum wage earners? Cancel FICA and Medicare taxes. They're the most regressive taxes of all. Let minimum wage workers keep every penny. But really what I wanna know is this: Why do our Congresscritters ...
"Just shut yer yap, leave me alone, and stop raising my blankety blank taxes!"
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