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Re: XenaLives post# 4305

Friday, 01/06/2017 6:04:07 PM

Friday, January 06, 2017 6:04:07 PM

Post# of 9157
Well ... let us see where this goes ... We will start with the minimum wage ... Adjusted since 1968 to the CPI, the minimum wage should be just under 12.00 ... So lets make it a win-win ...

Raise the Minimum Wage 2.00 per year and index it for inflation once we hit 12.00 - And in the Same bill ... Lets lower the Corporate income tax max from 35% to 15% ... Lets face it ... International companies off shore their profits, and nationalize their debt ... That is why the Fortune 500 pay virtually no tax ...

And another note on the Minimum Wage Increase ... It costs some jobs in the beginning, but creates a better local economy in the states that do increase the minimum wage. This is because these people spend all they have and it results in much more discretionary income. The local velocity of money increases, and cycles through the local economy much faster. The end result is usually more jobs.

I will start there.

Shermann

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