Select Page
Poker Forum
Over 1,292,000 Posts!
REGISTER
Subscribe to FTR web feed
Poker Forum › FTR Community ›

Capitalism Rules, Socialism and Communism Suck Thread

Results 1 to 75 of 595

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. 08-01-2018 09:13 AM #1
    BananaStand
    BananaStand is offline
    Join Date
    Nov 2016
    Posts
    4,095
    you’ve got a 14 percent increase in restaurant closures for each dollar increase in the minimum wage
    Holy crap!

    http://www.foxnews.com/opinion/2018/...tcmp=obnetwork
    Reply With Quote Reply With Quote  
  2. 08-01-2018 09:17 AM #2
    Savy
    Savy is offline
    Join Date
    Jan 2013
    Posts
    3,926
    Quote Originally Posted by BananaStand View Post
    Holy crap!

    http://www.foxnews.com/opinion/2018/...tcmp=obnetwork
    I'd love to agree but paying tax on theoretical tips based upon the highest sectors averages is more of a scam than anything.

    It'd soon stop if the government was earning less from tax which is basically exactly what would happen in this situation.
    Reply With Quote Reply With Quote  
  3. 08-01-2018 09:20 AM #3
    BananaStand
    BananaStand is offline
    Join Date
    Nov 2016
    Posts
    4,095
    Quote Originally Posted by Savy View Post
    paying tax on theoretical tips
    wut?
    Reply With Quote Reply With Quote  
  4. 08-01-2018 09:28 AM #4
    Savy
    Savy is offline
    Join Date
    Jan 2013
    Posts
    3,926
    Quote Originally Posted by BananaStand View Post
    wut?
    Service industries pay tax on projected earnings do they not? Maybe this changes but I know that casino workers get fucked over as a result of this because their projected tips are based on the jobs with highest tips. It's why if you don't tip in America (or at least certain places) you're literally taking money out of peoples pockets.

    If you're a hot flirty waitress willing to take some shit this will fuck you over massively, if you're some middle aged fat bloke who does a good job and works hard you're probably benefiting. Still not a good thing imo but pointing out some of the already obvious flaws in the system.
    Reply With Quote Reply With Quote  
  5. 08-01-2018 10:03 AM #5
    BananaStand
    BananaStand is offline
    Join Date
    Nov 2016
    Posts
    4,095
    Quote Originally Posted by Savy View Post
    Service industries pay tax on projected earnings do they not?
    No. What sicko socialist regime do you live under?

    This really isn't about taxes. In America, the bottom 50% of earners, which would include most tipped workers, pay effectively $0 in taxes.

    Though, on some level it sort of is about taxes. Like, this minimum wage stuff only seems to come up when Dems lose on tax legislation. If they can't tax the rich, they'll just make the things they want to buy (like labor) cost more.

    What I don't get is how some states apply the "regular" minimum wage to tipped workers. That seems crazy to me. It elevates the pay rate of those jobs above that of more skilled jobs like manufacturing, truck driving, warehousing, etc.
    Reply With Quote Reply With Quote  
  6. 08-01-2018 12:05 PM #6
    Savy
    Savy is offline
    Join Date
    Jan 2013
    Posts
    3,926
    Quote Originally Posted by BananaStand View Post
    No. What sicko socialist regime do you live under?
    Your country literally does this, mine does not.
    Reply With Quote Reply With Quote  
  7. 08-01-2018 12:06 PM #7
    BananaStand
    BananaStand is offline
    Join Date
    Nov 2016
    Posts
    4,095
    Quote Originally Posted by Savy View Post
    Your country literally does this, mine does not.
    wut?
    Reply With Quote Reply With Quote  
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules