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Thread: minimum wages

  1. #21
    Master political analyst Dittohead not!'s Avatar
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    Quote Originally Posted by Southern Dad View Post
    It's interesting when you compare just one little point of the economy there to here. Let's compare another one. What about taxes? Here in the US we all know that nearly half of our wage earners pay zero percent income tax or less. When you take one item such as the Big Mac and compare that to the US, it's easy to say that the higher minimum wage doesn't have any effect but what about when we compare more than one factor? After all, life isn't just Big Macs.

    Taxable income: Tax on this income

    0 – $18,200: Nil
    $18,201 – $37,000: 19 for each $1 over $18,200
    $37,001 – $87,000: $3,572 plus 32.5 for each $1 over $37,000
    $87,001 – $180,000: $19,822 plus 37 for each $1 over $87,000
    $180,001 and over: $54,232 plus 45 for each $1 over $180,000

    Now, add in 2% for the medicare levy for all wage earners. What about GST? That's 10%.

    How much is it to buy house or a unit (apartment) in Australia? How does that compare to the USA? According to Numbeo the cost of living is significantly higher in Australia compared to the USA therefore that additional income isn't going to go as far.

    Consumer Prices in Australia are 6.66% higher than in United States
    Consumer Prices Including Rent in Australia are 6.25% higher than in United States
    Rent Prices in Australia are 5.43% higher than in United States
    Restaurant Prices in Australia are 12.00% higher than in United States
    Groceries Prices in Australia are 1.16% higher than in United States
    Local Purchasing Power in Australia is 14.72% lower than in United States
    Even the poorest workers in the USA pay payroll taxes. No one's tax rate is really zero.

    Are your figures accurate? Are they in USD or AUD? Does the minimum wage have anything to do with it?

    The argument has been made that fast food prices would go though the roof if we raised the minimum wage. Australia has a higher minimum than we do by far, yet fast food cost appears to be lower there.

    Feel free to pick out something besides Big Macks and make a direct comparison.
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  2. #22
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    Quote Originally Posted by Hollywood View Post
    You're a funny guy.
    You, too. Not much for contributing to a conversation, tho.

  3. #23
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    Quote Originally Posted by Dittohead not! View Post
    The argument has been made that fast food prices would go though the roof if we raised the minimum wage. Australia has a higher minimum than we do by far, yet fast food cost appears to be lower there.
    Yes they probably would go through the roof but only because the franchise owner here making 250k isn't going to like the idea of making less himself so he WOULD up the price of his burgers. He has been taught he can make 250k so he damn sure isn't going to like the idea of paying his workers more and making less himself. While the franchise owner there making 175k is doing just fine with that income and paying his workers a living wage. He has been taught that is what you MUST do. Republicans here have allowed the franchise owner to screw his employees and pocket that money himself, it's difficult to convince him he's been overpaid and what really should happen is he make LESS and pay his workers MORE. It's obvious because you will now have the dumbshits come on here and say something ridiculously stupid like "why should an employer be required to pay his employees a living wage"?

    I'm all for some small business's to NOT be required to pay a minimum wage. Like the small business with an employer that is having a hard enough time making a living himself, not the employer with 20-30 employees and bringing in 250k. I think the minimum wage should be dependent upon what the owner or CEO happens to make. If he is making a million dollars a year his minimum wage can be something like $15 an hour. If the owner is having a hard time making 60k and keeping his doors open then he can pay $7.25 an hour. Our current system has created this massive income inequality, exorbitant welfare, high poverty rate and 20 trillion dollar debt and any historian can tell you that spells impending failure. The dumbshits saying the poor should just work harder or make better decisions is never going to be the answer. That is what I see as the primary difference between the republican and the democrat. The democrat accepts reality and our problems and looks for realistic ways to deal with and fix them. The republican does not accept reality and just says if everyone would just do what they are supposed to we would not have these problems to begin with. They refuse to accept the fact that in a country of over 300 million there are going to be plenty that are NOT ABLE to do what they think they are supposed to and we cannot and will not ignore them.
    Last edited by Pragmatist; 7th December 2016 at 11:46 AM.
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  4. #24
    Veteran Member Southern Dad's Avatar
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    Quote Originally Posted by Dittohead not! View Post
    Even the poorest workers in the USA pay payroll taxes. No one's tax rate is really zero.

    Are your figures accurate? Are they in USD or AUD? Does the minimum wage have anything to do with it?

    The argument has been made that fast food prices would go though the roof if we raised the minimum wage. Australia has a higher minimum than we do by far, yet fast food cost appears to be lower there.

    Feel free to pick out something besides Big Macks and make a direct comparison.
    Ah yes, word games again. The fact remains, and you cannot dispute it that nearly half of the wage earners pay ZERO percent or less in federal income tax. You can try and tap dance around with word games if you want. My sources for the Australian taxes came from their government website and were linked.


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  5. #25
    Veteran Member Snikitz's Avatar
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    Quote Originally Posted by Dittohead not! View Post
    The minimum wage in Australia is one of the highest in the world at $17.70 per hour.
    The exchange rate is $1,000 US to 1,36.60 AUD.

    That is the equivalent of $12.96 in US dollars.

    With me so far?

    So, the price of fast food in Australia must be a lot higher than it is in the USA, right?

    Cost of a big mack in Australia: $4.95. Cost of a big mack in the USA: $3.99. Cheaper, right? Oh, wait, that exchange rate again: $3.99 x 1.3660 = $5.45 in Australian dollars.

    So, using the official exchange rate, a big mack costs 45 cents more in the USA, where the minim wage is $7.25, than it does in Australia, where the minimum wage, in US dollars, is $12.96 per hour.

    OK, those are the facts. What is your opinion?
    You are comparing a nation with a population of less then 30 million to a population of more than 350 million..

    The comparison doesn't work.

    We need more jobs - good quality jobs that force industry to pay more, compete for workers.

    When you have that you get an automatic wage increase for competent workers.


    Working minimum wage is for kids and old people. Adults working at minimum wage are essentially the flotsam of the workforce that no one wants.

  6. #26
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    Quote Originally Posted by FuzzGod View Post
    You, too. Not much for contributing to a conversation, tho.
    Like you do? You are nothing short of an ignorant jackass that has never contributed anything other than fucking stupid replies.

  7. #27
    Established Member NeoVsMatrix's Avatar
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    Quote Originally Posted by libertariat720 View Post
    OECD Better Life Index

    You'll see that the U.S. is about the same or better in pretty much every metric.

    AAAAND.. another one pulling a Trump - "I just post some random shit with no base of truth, and call it a day".

    Below is the ACTUAL comparison between the two countries, from your originally referenced source.
    You're full of shit.


    OECD-betterlife.jpg
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  8. #28
    Established Member NeoVsMatrix's Avatar
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    Quote Originally Posted by Southern Dad View Post
    It's interesting when you compare just one little point of the economy there to here. Let's compare another one. What about taxes? Here in the US we all know that nearly half of our wage earners pay zero percent income tax or less. When you take one item such as the Big Mac and compare that to the US, it's easy to say that the higher minimum wage doesn't have any effect but what about when we compare more than one factor? After all, life isn't just Big Macs.

    Taxable income: Tax on this income

    0 $18,200: Nil
    $18,201 $37,000: 19 for each $1 over $18,200
    $37,001 $87,000: $3,572 plus 32.5 for each $1 over $37,000
    $87,001 $180,000: $19,822 plus 37 for each $1 over $87,000
    $180,001 and over: $54,232 plus 45 for each $1 over $180,000

    Now, add in 2% for the medicare levy for all wage earners. What about GST? That's 10%.

    How much is it to buy house or a unit (apartment) in Australia? How does that compare to the USA? According to Numbeo the cost of living is significantly higher in Australia compared to the USA therefore that additional income isn't going to go as far.

    Consumer Prices in Australia are 6.66% higher than in United States
    Consumer Prices Including Rent in Australia are 6.25% higher than in United States
    Rent Prices in Australia are 5.43% higher than in United States
    Restaurant Prices in Australia are 12.00% higher than in United States
    Groceries Prices in Australia are 1.16% higher than in United States
    Local Purchasing Power in Australia is 14.72% lower than in United States
    I'm not at all in the clear what you're comparing here.. by listing the tax rates for Australia, but not for the US ?

  9. #29
    Master political analyst Dittohead not!'s Avatar
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    Quote Originally Posted by Southern Dad View Post
    Ah yes, word games again. The fact remains, and you cannot dispute it that nearly half of the wage earners pay ZERO percent or less in federal income tax. You can try and tap dance around with word games if you want. My sources for the Australian taxes came from their government website and were linked.


    Sent from my iPad Pro using Tapatalk
    And, they pay payroll taxes. You can tap dance around it, claim that they don't pay income taxes or inheritance taxes, and you are right. Saying that they don't pay taxes is another matter.

  10. #30
    Veteran Member Southern Dad's Avatar
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    Quote Originally Posted by NeoVsMatrix View Post
    I'm not at all in the clear what you're comparing here.. by listing the tax rates for Australia, but not for the US ?
    I'm sorry. Maybe if you attended additional schooling you could comprehend it. The OP compared one thing, the price of a Big Mac then declared that minimum wage being higher didn't hurt. However, there are many, many more factors to what an employer pays and what an employee earns than just the price of a Big Mac. You think about it. You might be able to get it.


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