carlfense Posted November 29, 2012 Share Posted November 29, 2012 I sure don't want the govt to set the salaries for anyone in the private sector - slippery slope to real communism. The US government has been doing exactly that without falling down the slippery slope into "real communism" for almost 75 years. How has the US govt been setting private sector wage limits? You said: "I sure don't want the govt to set the salaries for anyone in the private sector . . ." Wiki: http://en.wikipedia....e_United_States Department of Labor: http://www.dol.gov/d...tm#.ULfBj-Oe9EI That's how they've been setting salaries for the private sector. No comments regarding the rest? Link to comment
carlfense Posted November 29, 2012 Share Posted November 29, 2012 What prevents someone from asking themselves, "Hey, what's the break even point at which I can stall my wage-earning potential to equal my new tax rate?" Our system of marginal tax rates should ease your fears. I find few things more amusing than the person who claims that they took a pay cut to $249,999 so that they'd take more money home. Link to comment
TGHusker Posted November 29, 2012 Share Posted November 29, 2012 I sure don't want the govt to set the salaries for anyone in the private sector - slippery slope to real communism. The US government has been doing exactly that without falling down the slippery slope into "real communism" for almost 75 years. How has the US govt been setting private sector wage limits? You said: "I sure don't want the govt to set the salaries for anyone in the private sector . . ." Wiki: http://en.wikipedia....e_United_States Department of Labor: http://www.dol.gov/d...tm#.ULfBj-Oe9EI That's how they've been setting salaries for the private sector. No comments regarding the rest? I wasn't thinking about the min. wage - more like everyone's wage. But you are correct, min wage has been our govt involvement for many decades and it hasn't led to communism. Link to comment
TGHusker Posted November 29, 2012 Share Posted November 29, 2012 What prevents someone from asking themselves, "Hey, what's the break even point at which I can stall my wage-earning potential to equal my new tax rate?" Our system of marginal tax rates should ease your fears. I find few things more amusing than the person who claims that they took a pay cut to $249,999 so that they'd take more money home. I'd like to take a pay cut down to $249k! It would be a nice raise. Link to comment
carlfense Posted November 29, 2012 Share Posted November 29, 2012 What prevents someone from asking themselves, "Hey, what's the break even point at which I can stall my wage-earning potential to equal my new tax rate?" Our system of marginal tax rates should ease your fears. I find few things more amusing than the person who claims that they took a pay cut to $249,999 so that they'd take more money home. I'd like to take a pay cut down to $249k! It would be a nice raise. Me too. The point was about marginal rates. Link to comment
carlfense Posted November 29, 2012 Share Posted November 29, 2012 I wasn't thinking about the min. wage - more like everyone's wage. But you are correct, min wage has been our govt involvement for many decades and it hasn't led to communism. The minimum wage is everyone's wage. Link to comment
BigRedBuster Posted November 29, 2012 Share Posted November 29, 2012 What prevents someone from asking themselves, "Hey, what's the break even point at which I can stall my wage-earning potential to equal my new tax rate?" Our system of marginal tax rates should ease your fears. I find few things more amusing than the person who claims that they took a pay cut to $249,999 so that they'd take more money home. I actually heard on TV the other day some Dems talking about making the top level pay the top rate from the first dollar. Link to comment
carlfense Posted November 29, 2012 Share Posted November 29, 2012 What prevents someone from asking themselves, "Hey, what's the break even point at which I can stall my wage-earning potential to equal my new tax rate?" Our system of marginal tax rates should ease your fears. I find few things more amusing than the person who claims that they took a pay cut to $249,999 so that they'd take more money home. I actually heard on TV the other day some Dems talking about making the top level pay the top rate from the first dollar. Yeah. One of the proposals to try to get around the Norquist pledge. If that were to happen (highly unlikely IMO) they'd have a point. Until then . . . I'll laugh at it. Link to comment
Undone Posted November 29, 2012 Share Posted November 29, 2012 What prevents someone from asking themselves, "Hey, what's the break even point at which I can stall my wage-earning potential to equal my new tax rate?" Our system of marginal tax rates should ease your fears. I find few things more amusing than the person who claims that they took a pay cut to $249,999 so that they'd take more money home. Ah, that's true. I guess I haven't looked at a tax table lately. I definitely understand what you mean, good point. Link to comment
strigori Posted November 30, 2012 Share Posted November 30, 2012 Give tax breaks to compensate for the labor challenges. What do you propose to replace the lost revenue? Ease up on some of the regulations. Which regulations? As in the Hostess Cake situation, the unions need to be realistic as well with their salary demands. Do you think that being upset about a cut in pay from $48,000 to $25,000 is an unrealistic salary demand? I sure don't want the govt to set the salaries for anyone in the private sector - slippery slope to real communism. The US government has been doing exactly that without falling down the slippery slope into "real communism" for almost 75 years. To say nothing of the fact that Hostess gave the CEO a 300% pay raise at the same time they are demanding everyone else take pay cuts. Link to comment
carlfense Posted November 30, 2012 Share Posted November 30, 2012 To say nothing of the fact that Hostess gave the CEO a 300% pay raise at the same time they are demanding everyone else take pay cuts. "Facts are stupid things." Link to comment
strigori Posted November 30, 2012 Share Posted November 30, 2012 To say nothing of the fact that Hostess gave the CEO a 300% pay raise at the same time they are demanding everyone else take pay cuts. "Facts are stupid things." Right, right. Stick to Truthiness 2 Link to comment
BigRedBuster Posted November 30, 2012 Share Posted November 30, 2012 Giving the CEO a big raise was stupid. I agree. However, the labor union turning down the offer was also dumb. The smart thing to do would be to accept the agreement so you at least have a job to help pay bills while you go find a different job. Link to comment
carlfense Posted November 30, 2012 Share Posted November 30, 2012 However, the labor union turning down the offer was also dumb. The smart thing to do would be to accept the agreement so you at least have a job to help pay bills while you go find a different job. Nothing gives leverage quite like caving to every demand. Link to comment
BigRedBuster Posted November 30, 2012 Share Posted November 30, 2012 How much leverage do they have now? Link to comment
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