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Tue Oct 17, 2017, 01:22 PM

 

Where in the tax plan does it say wages must increase?

The bullshit I hear from the Trump spokespeople is uncanny. They must think we're all morons.

Corporate tax cuts are written in the bill, estate tax elimination is written in the bill, lower rates for the rich are written in the bill.

If the bill passes, they tell us, then the average, working American gets a $4,000 wage increase, but that's not written in the bill, that's just supposed to happen through osmosis.

I work in the union Collective Bargaining Agreement business. Let me tell you that very rarely does any business pay a worker more than they have to. Without union contracts, only competition can increase wages, not the goodness anybody's heart. With unemployment at 4.2%, if wages haven't increased as a result of supply and demand, giving more money to Wal-Mart or McDonald's won't make them pay more. Either a union or minimum wage laws will increase wages. Tax cuts for the wealthy never have and never will result, by themselves, in higher wages.

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Response to louis c (Original post)

Tue Oct 17, 2017, 01:24 PM

1. They'll do it out of the goodness of their hearts...

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Response to louis c (Original post)

Tue Oct 17, 2017, 01:34 PM

2. Wage increases, yeah that will fucking happen because the first thing rich people do with extra $$

 

is give the "help" a nice big raise.

My daughter is a dancer, which means she is also a waitress. I'm sure she will be getting YUUUUUGE tips from all of the wealthy patrons once this passes.

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Response to louis c (Original post)

Tue Oct 17, 2017, 01:38 PM

3. Yes, well said

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Response to Angry Dragon (Reply #3)

Tue Oct 17, 2017, 01:56 PM

4. Reminds me of a lot of religions

 

Do everything we say and give us all your money and you'll get your reward after your dead.

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Response to louis c (Original post)

Tue Oct 17, 2017, 03:34 PM

5. The tax cut fairy will cause these wages to magically increased

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Response to louis c (Original post)

Tue Oct 17, 2017, 03:39 PM

6. It's almost as if you don't trust large corporations to treat their workers fairly.

You should be ashamed!

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Response to dawg (Reply #6)

Tue Oct 17, 2017, 03:58 PM

8. Companies treat workers as another commoditiy

 

they "figure why should we pay any more than we have to".

there was a time when nearly every company had a social contract with America's working class. It probably was a remnant left over after WWII.

It never existed before then and it has worn off over time.

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Response to louis c (Original post)

Tue Oct 17, 2017, 03:56 PM

7. Corporate tax cuts do little for most economies.

Yes, there are times when a corporate tax cut might be good for the general economy to kickstart a sluggish business investment environment, but most times, if you give corporations a tax cut that is not directly the lessening of some sort of emergency tax that was imposed due to a disaster, they bank it.
Ask a corporation - "If the government just lowers your tax rate, will you hire more people?"
The answer is "Do I need to hire more people to improve production? If not, heck no."
And "If the government just lowers your tax rate, will you raise wages or improve benefits?"
The answer is "No. Wages and Benefits are between me and my employees. I pay what I need to pay to keep the 'good people' I already have."

Unless you link tax cuts or tax rates to employee wages and benefits, tax cuts are not going to help the average working Jane or Joe at all. Tax cuts also aren't going to help innovation unless they're tied to either capital improvement or R&D.
Tax cuts are just going to improve the revenue line for the shareholders and the executive bonus board.

Haele

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Response to louis c (Original post)

Tue Oct 17, 2017, 04:00 PM

9. It's bullshit. They love to pimp the "trickle down" theory, but it's never worked.

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Response to louis c (Original post)

Tue Oct 17, 2017, 04:00 PM

10. He will wave his magic "tiny" hands?

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Response to louis c (Original post)

Tue Oct 17, 2017, 04:07 PM

11. $4000 might be the average raise.

Multi-million dollar raises for CEOs and other executives. Zero raises for the workers. Walla! $4000 average increase!

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Response to louis c (Original post)

Tue Oct 17, 2017, 04:25 PM

12. word. how many times do they think people are going to fall for their "trickle-down" BS? nt

 

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Response to louis c (Original post)

Tue Oct 17, 2017, 05:06 PM

13. they should tie the corporate tax cuts to wages.

pay minimum wage- pay higher taxes.
pay x times minimum- pay x lower taxes.

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