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AmyStrange

(7,989 posts)
Thu Feb 4, 2021, 04:04 PM Feb 2021

Is raising the minimum wage a sneaky way to also raise the tax on capital gains? [View all]

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Yes, and it also keeps more money in each state.

In my opinion, capital gains (stock dividends etc.) is one of the major reasons (if not THE major reason) why people are poor and can sometimes barely afford to live anywhere decent, or even be able to feed themselves or their family, never mind the cost of healthcare.
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ETA: Why not $30.00 an hour minimum wage everywhere? I know that won't fly, but maybe if we called it the theory of a "trickle up" economy, rather than waiting for the trickling down of crap from the richest amongst us.
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I have posted this question before: ret5hd Feb 2021 #1
+100000000000000000000000000000000 x infinity AmyStrange Feb 2021 #2
Of course it is kurtcagle Feb 2021 #3
+100000000000000000000000000000000 x infinity AmyStrange Feb 2021 #5
Capital gains taxes should be progressive, with lower rates for lower incomes. Midnight Writer Feb 2021 #4
Very Good Point AmyStrange Feb 2021 #6
THIS. roamer65 Feb 2021 #9
Somehow I don't see a connection between raising the minimum PoindexterOglethorpe Feb 2021 #7
pay increases tend to lower dividends... AmyStrange Feb 2021 #8
Do you have any actual examples? PoindexterOglethorpe Feb 2021 #10
It's common sense... AmyStrange Feb 2021 #11
I've always noticed that when large companies announce Mr.Bill Feb 2021 #16
+100000000000000000000000000000000 x 2 AmyStrange Feb 2021 #17
Why, exactly, is it comon sense? PoindexterOglethorpe Feb 2021 #12
Obviously, it doesn't make sense to you... AmyStrange Feb 2021 #13
No. Agreeing to disagree isn't the answer here. PoindexterOglethorpe Feb 2021 #14
Kick, thank you and... AmyStrange Feb 2021 #15
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