Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

AmyStrange

(7,989 posts)

11. It's common sense...

Reply to PoindexterOglethorpe (Reply #10)

Thu Feb 4, 2021, 07:02 PM

Feb 2021

-

Raising wages will decrease the overall profit of a company, unless they raise the price of the product they sell.

Raising the minimum wage won't hurt companies that already pay good wages to EVERYONE, but how many companies do that?

But, like I said, it's only a theory.
=========

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

17 replies

= new reply since forum marked as read

Highlight:

Is raising the minimum wage a sneaky way to also raise the tax on capital gains? [View all] AmyStrange Feb 2021 OP

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