Quote from Burtakus:
If you are poverty level you hardly pay taxes in the first place. You pay zero income tax and FICA is only 7.5%. Based on this your gross hourly wage should be $5.29.
Is an increase of $0.14 enough?
Quote from ZZZzzzzzzz:
I doubt most people can live on $5.29, but it is better than keeping it where it is.
Your quoted figure of $9,800.00 is below survival rates for most folks if hey have a family.
Actually if you have a family the federal poverty level is not $9,800 either, for a family of two it's $13,200 which translates into $7.50/hr. But you conveniently forgot to mention that.Quote from Burtakus:
$9,800 is definitely below survival rate for most major cities, especially if you have a family.
Quote from dddooo:
Actually if you have a family the federal poverty level is not $9,800 either, for a family of two it's $13,200 which translates into $7.50/hr. But you conveniently forgot to mention that.
It should not but if we make an assumption that minimum wage is or should be related to the federal poverty level as you did when you tried to prove that $5.15 is already too high, we should take the average size of minimum wage family into account as well.Quote from Burtakus:
Give me a good reason why a persons compensation from an employer should be based on the number of family members he or she has to support?
Quote from dddooo:
It should not but if we make an assumption that minimum wage is or should be related to the federal poverty level as you did when you tried to prove that $5.15 is already too high, we should take the average size of minimum wage family into account as well.
Really? I have no problem with politicians helping americans get better and more fair deals with employers, same employers who use armies of lawyers, HR professionals, psychologists, background checks, outsourcing, strikebreakers, lobbists, corrupt politicians, collusion etc to lower your wages and keep you as powerless as possible. You btw did not have a problem with politicians helping YOU when YOU were the one getting minimum wage.Quote from Burtakus:
who has no desire to let a politician tell me what is best for me and what my standard of living should be.
Quote from ZZZzzzzzzz:
Take home pay...being above poverty level.