You pretty much said exactly that. Or, as I said, is your wording just confusing?
I said NEXT lowest pay scale. All of the jobs at the next lowest pay scale will require those workers to be more skilled than they are. i.e. if you're cut at $7.50 because you have $7.50 worth of skill you won't get a job because you won't have the skill for the next lowest pay scale. Perhaps I could have said new lowest pay scale.
So, raising minimum wage from $7.25 to $10 would cause the price of groceries to double? Is that much of the grocery margin eaten up by low-priced labor.
It's not literal. The price will be equal to the raise in minimum wage.
I don't call a company who provides good-paying jobs and provides good product greedy. I call companies who rake in billions but still pay employees crap yet reward executives with tens of millions in salary and bonuses, greedy. If that's a good thing to you, then we're definitely on a different page.
Greed is greed. But you have to understand that while working is generally mandatory for survival, where you work is completely voluntary.
The things in bold are not government regulations making things hard on business. Those are decisions. A lawyer is not required by the government. Quickbooks is not required by the government. Having someone else do your taxes is not required by the government. And unless things are really complex, it shouldn't cost $1000-$2000 to do taxes, unless once you incorporate yourself it's that much of a difference. Between my wife and myself last year we had nine W2s and six 1099s from our self-employment work, in addition to half a dozen investment accounts. HR Block charged me a few hundred dollars. And last year was the first year I had someone do my taxes for me, and it was the smallest number of W2s and 1099s in recent years.
Yes, they are decisions. Why? Because right now I must pay 35% of my income to the government. I'd rather not do that. Additionally, there are protections that I don't currently enjoy. In order to keep all of those protections and not be screwed if an when the time comes, those documents must be impeccable.
And forgive me here, but last year I had a W2 for my wife, about 60 invoices, and about 12 invoices that I had to follow up on for a year to get paid. That's a little more substantial than 9 documents where tax is paid for you (that's a lot of W2s though), and six you have to figure out on your own. Then there's my littany of deductions.
SunBiz is a requirement. Filing the documents is a requirement. The others, while optional, protect me from being sued to hell, so I kind of view them as a requirement.
You shouldn't run a business without a good accountant. Those run about $180/hr so $1800 is a 10 hour bill.
Reading the above, it sounds to me like you think you should just be able to start your business with absolutely no governmental involvement or requirements.
I do. About all that should be necessary is registering the name and the payment for a government employee to handle that.
The government has (or should I say used to only have) three roles. 1. Provide for the common defense. 2. Provide stability for a free market economy. 3. Provide a system of courts to address problems.
That list was daunting? That's less work than I've had to go through to try to refinance my mortgage with the very same company I already have my mortgage with!
That list was incomplete.
You must have a crappy company. I didn't even have to provide any new documents to refinance mine.
I've got thousands of receipts I've logged, miles, expenses, etc. Then there will be payroll, distributions, 1099s, meetings, and a bunch of other general BS that I, and anyone else in this country, must do to be in business. The problem isn't so much that you have to do certain things. The problem is with the amount. And once you compare all of these things you begin to see how much it costs just to make an honest buck in this country.
OH NO!!!! You need documents to start a business!??! Those communists!
I didn't say that I shouldn't need any. I just said it's a regulation. And it's one that does impede me.
Sounds like insurance companies.
Here's something we agree on, but probably not why. I hate insurance companies because they drive up the cost of services. That's why actual medical expenses are so astronomical. But that's for another topic.
I will agree that these two might be a little stupid. Although, will you really have meetings with yourself?
They are stupid. And while I won't technically do anything to have a meeting, I still need the document. So I'll either have to figure it out or pay someone to do it. Either way it costs me money.
How is any of the above out of line?
Payroll taxes could be computed at the time the employee files their taxes. I also object to having to pay the government in installments (which is another thing I'll need an accountant for) because then they profit off of money I could have invested. It's another issue of trusting the people.
Doing 1099s is annoying because you have to report them. Otherwise the government doesn't get it's money. But the individual is supposed to take care of that. If people are going to cheat it, they will.
And insurance should not be a requirement. Many companies provide benefits as a way of keeping and attracting workers. The ones that don't will be less successful.
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Anyway, the original discussion (well, that it morphed into from the iMac thing) was about low-paying jobs in the corporate world. So can you answer the following questions:
Part 1: Do you support companies paying non-living wages so that their employees must be supported by welfare?
Part 2: If you believe that welfare shouldn't exist because everyone should be responsible for themselves, what do you propose should happen with the people in those jobs who can only make $12,000 a year?
And for giggles, Part 3: Do you agree with companies which raise executive pay while asking workers to take pay cuts because of financial difficulties?
1. I support companies paying whatever they want to. Whom you decide to work for is a voluntary choice. It allows you to vote with your employment because labor is a market just like any other.
2. I don't believe that welfare shouldn't exist. If I'm forced to pay it, I should be able to get it back. I don't really believe that we should have to pay for it. If we knew there was no safety net, we'd be more careful about saving. Additionally, private entities are equipped to help people in need. The government is the most inefficient at it. If I could pay a charity with those taxes instead, I'd be glad to do it.
3. No. But I don't work for those companies and if I did, I'd start looking for a new job. However, I support their right to do so. Just because I don't agree with something doesn't mean I don't support their right to do so. That's kind of what freedom is based on.
I don't support abortion, I would never want one, but I support the ability to make the decision.
People have it in their minds that anything they don't agree with shouldn't be allowed and that's not right.
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Having regulation and unions is not a determination of whether there is a free market or not.
Can you start a business in Germany, change jobs, and buy things?
Then you've got a free market.
Not exactly true. If the government regulates the market it is not free. It's just a matter of degree.
Unions can, however exist in a truly free market. However, in this day, unions often lobby for government regulation that is pro-union. That's more of a grey area.
As for Germany itself? I'd imagine that it's comparable to us. They're 26 on the index of econmic freedom. We're at 10. They're still listed in the "mostly free" section with us.
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This is an interesting subject matter, and something that I have been thinking about quite a bit recently. I keep hearing "We have jobs, but we can't find anyone to take them!" Even basic entry-level jobs. So why can't they find people to take them?
Enter our current situation. My wife stopped working when we had our baby because what we did for work was not possible once a baby came around. Now, she's ready to go back to work. She has applied to no fewer than ten jobs, with everything from jobs based on her last career to entry-level customer service jobs. Not a single one has panned out.
But, the more interesting part was the job applications for some of these. Entry-level call-center type jobs requiring a ridiculous amount of backup and qualifications. Seriously? Five years in customer support and a college degree to be a call-center employee? That application alone took over an hour to fill out because of the amount of backup she needed to provide, like 10 years of employment history with no gaps, which is kind of hard as a freelancer. And then the application was rejected because of an employment gap.
Is it at all possible that there are plenty of people for the jobs, but the requirements made are just too daunting? I can do almost anything you put in front of me, because I'm a pretty smart guy, but on paper, I'm qualified for very little.
So maybe, just maybe, some of these companies are making it so difficult that they can't find people because their expectations are too high. But no, that can't be, because business operators are magically inclined to be perfect at everything and know exactly what is the right thing.
I would imagine that is because the labor pool is now so large that they can pick and choose.