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Wages are based on supply and demand. If there is a line of people that can and want to do what you do, wages

Posted by: forlorne on Apr 17, 12:09 in response to islndr's post record corportate profits and multimillion dollar ceos,...

will be lower than for something not easily replaceable. I am in the midwest and HVAC and welding companies are advertising all day to pay you to learn a trade, and welders easily make over 100K a year. In addition, 40 years of importing millions unskilled, uneducated workers has greatly contributed to low wages staying low. One shouldn't expect to be middle class no matter how easily you are relaced. And mandated minimum "living wages" have only resulted on those jobs being eliminated or hours cut.

How do you define a "living wage"?

"Face It: You (Probably) Got a Tax Cut". The Tax Policy Center estimates 65% of people paid less under the law, 6% paid more, 29%-no change PhoneHome Apr 15, 06:20

just finished taxes. total owed between fed and state: $586 OUCH {nm} islndr Apr 15, 07:01

between that and the miniscule extra i got weekly, it was a wash {nm} islndr Apr 15, 07:02

Had to pay for the first time in many many years ($3000)...ouch {nm} YouDontKnow Apr 15, 09:01

Ouch indeed. Something's not set up right. Be sure to adjust the amount being withheld from your check to avoid a repeat this year. {nm} PhoneHome Apr 15, 09:47

what's the expression?...moving furniture around? {nm} tealfan Apr 15, 09:56

"Rearranging the deck chairs on the Titanic." {nm} DTravel Apr 15, 12:58

that sweet $1.50 a week professor zovek Apr 15, 13:45

I paid less but I had to go to an accountant to figure out where to deduct my work expenses and I moved to a state Moviesnob Apr 15, 13:54

Sounds like Texas, Florida, or Nevada. {nm} PhoneHome Apr 15, 20:02

stars at night... {nm} Moviesnob Apr 15, 20:25

So you were in the 29% break even and not in the majority. Sucks to be you. {nm} PhoneHome Apr 15, 20:01

on average, Jamie Dimon and I are saving a couple billion a year between the two of us. score! {nm} professor zovek Apr 15, 22:41

44% pay no federal income taxes at all {nm} forlorne Apr 16, 07:36

Because they don't earn enough money. RogerMore Apr 16, 11:03

I get it, I wasn't making any point about "mooching", just that if you don't pay any taxes, you can't get a lower forlorne Apr 16, 14:02

How do you feel about the largest corporations in the USA not paying any tax at all? Zip. Zero. Zilch. {nm} BSmurf Apr 16, 17:17

Corporations do not pay tax, it is just another hidden tax on whoever uses their products. Passed on as a cost of doing business. {nm} forlorne Apr 17, 06:19

Exactly! If their tax goes up, their price goes up. Then you pay the tax. When their tax goes down, your 401k goes up, economy benefits. {nm} PhoneHome Apr 17, 08:44

record corportate profits and multimillion dollar ceos, yet cant pay a liveable wage. and you know most americans dont have a 401k islndr Apr 17, 09:12

Wages are based on supply and demand. If there is a line of people that can and want to do what you do, wages forlorne Apr 17, 12:09

False information. Corporations do pay "living wages" and most working Americans do have 401k's or other retirement plans. {nm} PhoneHome Apr 17, 12:57

"only 32% of Americans are saving for retirement in a 401(k)" (and that includes miniscule amounts too) islndr Apr 17, 13:24

1-what are we to do about people not saving for the future? The huge majority COULD save something, and the sooner they start the less it forlorne Apr 17, 13:37

People on low incomes do save, but they save for problems like emergency medical care, or car repair, or money to get them through when they RogerMore Apr 17, 16:57

Only 21% have no retirement savings. Your sources must be the propaganda rags. PhoneHome Apr 17, 20:39

It gets passed on, but not necessarily to consumers. No one actually knows for sure where the burden of corporate tax falls in practice. RogerMore Apr 17, 09:07

Not on CEO salaries. corporate taxes are yet another scam to convince people someone else is paying. {nm} forlorne Apr 17, 12:10

Nah, there are a bunch of good reasons for corporate taxes, you're just choosing to ignore them. {nm} RogerMore Apr 17, 17:07

Examples? {nm} forlorne Apr 18, 07:02

"If there weren't, every individual who could would corporatise themselves for tax minimization purposes." RogerMore Apr 18, 09:35





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