someone on the radio made this point, and i can't seem to get past it. if you have an arguement for it, let me know, i'm interested.
the idea of raising minimum wage is to help out the people who make minimum wage...
but most of these jobs are int he services area. the company has to pay its workers more, therefore it raises the cost of it's product. the people working in the service, most of the time, also use that service. this may not be true of the girl running the checkout at an expensive clothing store, but majority of the time (grocery stores, gas stations, food places that don't take tips) they do wind up spending their money in these places.
so they get more money, but the goods they buy goes up.... should be even right?
wrong... the sales tax is based off of the % of the cost of the item... so even if the increase in the cost of the item was proportional to the increase in your hourly wage, your now paying more for the tax on the product...
so how exactly is raising minimum wage good? it actually hurts the people its supose to help....
there has to be something i'm missing here....
the idea of raising minimum wage is to help out the people who make minimum wage...
but most of these jobs are int he services area. the company has to pay its workers more, therefore it raises the cost of it's product. the people working in the service, most of the time, also use that service. this may not be true of the girl running the checkout at an expensive clothing store, but majority of the time (grocery stores, gas stations, food places that don't take tips) they do wind up spending their money in these places.
so they get more money, but the goods they buy goes up.... should be even right?
wrong... the sales tax is based off of the % of the cost of the item... so even if the increase in the cost of the item was proportional to the increase in your hourly wage, your now paying more for the tax on the product...
so how exactly is raising minimum wage good? it actually hurts the people its supose to help....
there has to be something i'm missing here....