Bitcoin Forum
September 20, 2018, 01:51:58 AM *
News: ♦♦ Bitcoin Core users must update to 0.16.3 [Torrent]. More info.
 
   Home   Help Search Donate Login Register  
Poll
Question: Would killing the minimum wage help?
Yes
Maybe
No

Pages: « 1 2 3 4 5 6 7 8 9 10 [11]  All
  Print  
Author Topic: Would killing the minimum wage help?  (Read 10305 times)
bernashka
Full Member
***
Offline Offline

Activity: 322
Merit: 102



View Profile
January 05, 2018, 01:34:08 PM
 #201

This system was introduced to "protect" labor from underestimation of earnings. Previously, many companies set too low prices for the work done, especially when it comes to physical labor. This indicator is also used as a tool to combat poverty. Undoubtedly, it is quite difficult to live on this salary, but there is still a possibility. At the same time, citizens are obliged to pay all deductions and taxes even with a minimum earnings of 100%

1537408318
Hero Member
*
Offline Offline

Posts: 1537408318

View Profile Personal Message (Offline)

Ignore
1537408318
Reply with quote  #2

1537408318
Report to moderator
1537408318
Hero Member
*
Offline Offline

Posts: 1537408318

View Profile Personal Message (Offline)

Ignore
1537408318
Reply with quote  #2

1537408318
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
nagatraju
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
January 05, 2018, 07:27:08 PM
 #202

Yes. For example, in my country raised the minimum wage, but in the end nothing has changed. Prices for all goods are so up too. And in the end, people can hardly live on this minimum wage.
shaun98
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
January 06, 2018, 12:48:46 PM
 #203

Maybe it would work in the US, but in other countries where the minimum wage is already so low, removing it would be pretty bad for minimum wage workers. Companies would potentially give super low wages to their workers, and more people would just slump into poverty.

astrid.uchiha24
Full Member
***
Offline Offline

Activity: 280
Merit: 100



View Profile
January 06, 2018, 10:32:12 PM
 #204

Maybe? i think it is a hard question because if at the same level and same job two different person will receive different salary/wage that would be disastrous for the company as its employees will ask for more money.

☁   Casper API   ☁
Platform for DApp developers for decentralized data storage around the world
Telegram Facebook www.casperproject.io Github Twitter ANN
Pages: « 1 2 3 4 5 6 7 8 9 10 [11]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!