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

PoindexterOglethorpe

(28,493 posts)
12. Why, exactly, is it comon sense?
Fri Feb 5, 2021, 12:17 AM
Feb 2021

For as long as I can remember the claim has been made that raising the minimum wage ALWAYS costs jobs. The reality is, when actually looked at properly, a rise in the minimum wage has little or no effect on number of jobs.

So to say that in your opinion capital gains is one of the major reasons people are poor has almost no basis in reality. Please offer actual proof.

A crappy minimum wage is certainly a factor. I have worked for minimum wage more than once in my life, and know how hard it is to survive on that amount. But to connect it firmly to capital gains needs a bit more demonstration.

Recommendations

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

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
Latest Discussions»General Discussion»Is raising the minimum wa...»Reply #12