Taxes—Who Really Is Paying Up

Comment #7

rdgrnr — Tue, 17 Apr 2012 18:00:15 GMT

Trusting in or believing government can or will do anything right is pure folly. They have a well documented track record of bungling almost everything they touch.

Comment #6

truecritic — Tue, 17 Apr 2012 08:58:26 GMT

They already do for minimum wage. The wage for President is already dictated. ALL government jobs, for that matter. Several (most) government employees are overpaid! Industry itself dictates what wage you will get for each type of job. When you apply at McDonald's, you don't go in with an agent and negotiate your wages - you get the $8 per hour that McDonald's tells you they will pay. The CEO should be hired the same way. All I am saying is that the... [ More ]

Comment #5

rdgrnr — Tue, 17 Apr 2012 03:44:26 GMT

"...and, why do you think doctors/nurses come from foreign countries to here? Because of the extremely higher wages than they would get for similar work in their own countries." Those are your words - making my point. People will go where they are best compensated for their efforts. The market will determine the worth of a man's labor, invention or innovation. We don't need the criminal schmucks in Washington dictating the confines and limits of a free market and... [ More ]

Comment #4

JAP69 — Mon, 16 Apr 2012 17:13:04 GMT

When I ran a construction buisness back in the 70s I paid the workers a tad more than the going rate to prevent job hoppers. My estimating of jobs was a tad less than the competition to keep jobs available ahead to prevent slack time. So when Nixon put in wage and price controls I pulled out my job and wage estimators manual and done the math and found I could hire for less within the legal limit. Also I would be able to increase job estimates to book rate. Results, more profit to me.<br... [ More ]

Comment #3

truecritic — Mon, 16 Apr 2012 16:43:10 GMT

Well, just how much different is it than now? There are a huge number of research scientists, right now, that make $x.xx per year (less than $400,000) that could discover a cure for cancer. They would get nothing more because the patent/copyright/ownership would belong to the company they work for. They stay. And work for a lot less than $400K. ...and, why do you think doctors/nurses come from foreign countries to here? Because of the extremely higher wages than t... [ More ]

Comment #2

rdgrnr — Mon, 16 Apr 2012 15:48:12 GMT

So no matter how good you do, no matter how successful you are, no matter how you benefit society, no matter what you invent, no matter if you cure cancer, you can only make $400,000 if you do it in this country? And do you think those people would actually stay in this country? If that's not a perfect plan to get rid of the best and brightest, I don't know what is.

Comment #1

truecritic — Mon, 16 Apr 2012 14:09:49 GMT

We also don't need a minimum wage law, we need a maximum wage law. Many people are OVER paid for their job. Union workers in particular. Celebrities. Government workers. CEOs. Etc; I don't care how good a person is, they don't need to "win the lottery" every year with their income. If $400,000 is enough for the President of the U.S., then that is good enough for the top wage earners as well.

Original Blog Entry: Taxes—Who Really Is Paying Up

truesee — Mon, 16 Apr 2012 09:21:54 GMT

http://online.wsj.com/article/SB10001424052702304356604577338122267919032.html?mod=WSJ_hp_mostpop_read