Quote:
Originally Posted by OldJeff
Have been thinking about the big push for $15 minimum wage, and what the real reason for the massive support from big government liberals,
I figured it out
Plugged the numbers in here Take-Home-Paycheck Calculator
Currently in NJ a minimum wage full time worker pays $27 in Federal taxes every 2 weeks, the bump in minimum wage increases the take home pay by 29%, which is good for the worker.
It increases the Fed share to $91.50 so tax revenue increases by 336%
You just go right ahead and keep believing it is about "they care for the little guy" |
not really. the bottom 50% contribute only 3% of federal revenue. minimum wage earners contribute pocket change. The pentagon buys a toilet seat with minimum wage earners tax money.
libbys dont want their base, victims, to ever get better. that would put the libbys out of business. so they push a number that sounds appealing to the poor, but can never get passed through state houses. simple as that. but at least they look like they tried. win-win for them.
