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cstanleytech

(28,501 posts)

80. Better route to get companies to pay people a livable wage might actually be via the tax system.

Sun Feb 7, 2021, 12:36 AM

Feb 2021

By that I mean they raise corporate tax rate for companies that earn more than say 50 million a year to 40% to 90% and then make it so the companies can earn progressively lower taxes in certain ways.
First its based on the total number of employees they employee worldwide (franchise workers as well as temp and contract workers count towards the total) and then followed by the total they have inside the US and 2nd its the total inside the US that earn more than 500% above the federal poverty level.
The higher % they have of those inside the US and earning that much money the lower the corporate taxes they pay and the lowest it can get to is 10% but that low is only if their corporate headquarters is inside the US as well.

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Biden says minimum wage increase looks like it's not 'going to survive' as part of COVID-19 relief p [View all] ymetca Feb 2021 OP

Seriously we have the house, senate, president Evergreen Emerald Feb 2021 #1

This message was self-deleted by its author Chin music Feb 2021 #3

How do you propose we do it? Loki Liesmith Feb 2021 #10

This message was self-deleted by its author Chin music Feb 2021 #15

I remember reading recently that one time when a Congressman told Nancy Pelosi Mr.Bill Feb 2021 #30

And therein lies the problem: how to inform voters over a barrage of Chamber of Commerce ads sandensea Feb 2021 #61

They're going to do that anyway ymetca Feb 2021 #65

True. It's good to see voters voting according to results - not just trigger/hot button issues sandensea Feb 2021 #70

We need a filibuster proof majority for that Loki Liesmith Feb 2021 #8

And therein lies the rub ymetca Feb 2021 #19

Thank-you Loki. Some people don't understand process required still_one Feb 2021 #73

Joe Biden can count. So can the rest of our Democratic leadership. NurseJackie Feb 2021 #25

Problem is Mr.Bill Feb 2021 #31

Yes, we need a bigger majority. NurseJackie Feb 2021 #35

Exactly Jackie still_one Feb 2021 #74

I believe we could get to 50 and get the minimum wage if it could be done in reconciliation but Demsrule86 Feb 2021 #87

Manchin is a problem here. Mr.Bill Feb 2021 #89

My apologies for the rant, but I get pissed every time Democrats get blamed for something the entire beastie boy Feb 2021 #43

Yes, but ymetca Feb 2021 #52

There is a huge mill the Dems have succesfully taken on and won: COVID funding. beastie boy Feb 2021 #64

Oh absolutely! ymetca Feb 2021 #69

But me no buts...attack Republicans then...not Democrats. Democrats want it...get out and Demsrule86 Feb 2021 #88

What people deserve and what the general populace will actually see quakerboy Feb 2021 #95

We don't really have the Senate...we only have the Senate if Joe Manchin votes with Dems Escurumbele Feb 2021 #44

"They are Lemmings, they do as their leader says." I find this statement amusing. Jedi Guy Feb 2021 #53

Color me not amused... ymetca Feb 2021 #78

Brilliant illustration of my point, thanks. N/T Jedi Guy Feb 2021 #82

No... we don't FBaggins Feb 2021 #57

What!!!!!! Go big or Go Home!!!! McKim Feb 2021 #62

Amen! ymetca Feb 2021 #67

"Slowly phasing in" strategy has screwed us in everything from intheflow Feb 2021 #71

I can see that you don't understand how the Senate works...we need 60 votes...the reason Demsrule86 Feb 2021 #85

Maybe not this bill but not raising that wage is unconscionable. LakeArenal Feb 2021 #2

This message was self-deleted by its author Chin music Feb 2021 #4

Exactly even two earners at $15 will have a hard time supporting a family. LakeArenal Feb 2021 #11

As I understand it, in order to pass a bill by reconciliation The Velveteen Ocelot Feb 2021 #5

I believe you are correct ymetca Feb 2021 #6

With all due respect, you are very wrong. Loki Liesmith Feb 2021 #12

Well sure, in reconciliation ymetca Feb 2021 #14

It *is* Manchin (and Sinema and Feinstein)- if they would kill filibuster, min wage would pass. Nt Fiendish Thingy Feb 2021 #33

A raise in the minimum wage Mr.Bill Feb 2021 #32

No, because budget bills have to relate to federal expenditures. The Velveteen Ocelot Feb 2021 #54

So maybe figure out how much tax revenue it will generate then Mr.Bill Feb 2021 #56

It's a reconciliation rule Loki Liesmith Feb 2021 #7

Sure You Can WHITT Feb 2021 #41

Which is why ymetca Feb 2021 #48

No reason it can't be introduced as separate legislation. I'm not keen Hoyt Feb 2021 #9

Right ymetca Feb 2021 #13

Exactly.................... turbinetree Feb 2021 #18

Exactly. It's phased in over years anyway, and people need R B Garr Feb 2021 #91

The QRepugs start chipping away at Biden's first signature legislation. LastLiberal in PalmSprings Feb 2021 #16

Exactly! ymetca Feb 2021 #17

It likely never was going to because of the rules. jorgevlorgan Feb 2021 #20

Ding! We have a winner! ymetca Feb 2021 #21

I think schumer is probably on board with it, but won't try until he gets the 50 jorgevlorgan Feb 2021 #22

Yeah, you're probably right ymetca Feb 2021 #24

New York already has a $15 minimum wage. eggplant Feb 2021 #92

THIS Let people know it's the GOPers who don't want to pay them a fair wage groundloop Feb 2021 #23

Some folks here get in a tizzy when you mention that Joe Manchin should be primaried out of office. Crowman2009 Feb 2021 #26

Primarying him out of office would be ridiculously stupid. TwilightZone Feb 2021 #27

Manchin can single-handedly sabotage both Biden's agenda and Dems majority in House. Nt Fiendish Thingy Feb 2021 #34

He's also going to be a key vote in passing a huge COVID relief bill. bearsfootball516 Feb 2021 #37

And it will be an historic tragedy if COVID relief is the only achievement of the Biden years Fiendish Thingy Feb 2021 #49

He's been in office for two weeks. bearsfootball516 Feb 2021 #50

The fact remains that Manchin can obstruct much of Biden's agenda. Nt Fiendish Thingy Feb 2021 #66

While I agree ymetca Feb 2021 #36

We've seen attempts to primary incumbent Democrats in purple or even red states/districts before.... George II Feb 2021 #38

Get everything you can, Joe. This is a long term fight. We'll do better when we get "minimum ... marble falls Feb 2021 #28

The problem is that an increase of the minimum wage cannot be done through reconciliation. Sloumeau Feb 2021 #29

He's being realistic and sensible. George II Feb 2021 #39

A lot of people on DU don't seem to realize that politics isn't an all or nothing thing. bearsfootball516 Feb 2021 #40

Unless it is a Republican Evergreen Emerald Feb 2021 #46

Except, they didn't. bearsfootball516 Feb 2021 #51

So... ymetca Feb 2021 #55

I would love an immediate jump to $15, or more, minimum wage. bearsfootball516 Feb 2021 #60

As a previous poster put it ymetca Feb 2021 #63

Is it hugely popular though? Calculating Feb 2021 #77

On the Other Hand, Nocturnowl Feb 2021 #42

This is saddening and sickening. Mr. Evil Feb 2021 #45

I assume even T----p supporters and the Qanuts want $15 minimum wage? Why can't our side flibbitygiblets Feb 2021 #47

Minimum wage idahoblue Feb 2021 #58

More incrementalism ymetca Feb 2021 #59

1% says no more ponies! jalan48 Feb 2021 #68

This is BS...get rid of the filibuster! mudstump Feb 2021 #72

and how do you propose that when Manchin and Sinema say they oppose getting rid of it? still_one Feb 2021 #75

Right, so ymetca Feb 2021 #76

This message was self-deleted by its author Calculating Feb 2021 #79

This has nothing do do with the filibuster Polybius Feb 2021 #86

Better route to get companies to pay people a livable wage might actually be via the tax system. cstanleytech Feb 2021 #80

The minimum wage will just have to be raised later. The present bill is too important to delay it Nitram Feb 2021 #81

Run on the GOP blocking it...which is what is happening. Demsrule86 Feb 2021 #83

I would say that Democrats want a minimum wage increase. Demsrule86 Feb 2021 #84

The minimum wage will increase significantly, and soon, just not doubled immediately alphafemale Feb 2021 #90

People making $15 now Turin_C3PO Feb 2021 #93

Why not get some kind of increase to minimum wage? Justice Feb 2021 #94