 pnh102Reptiles Are Cuddly And PrettyPremium join:2002-05-02 Mount Airy, MD | reply to moonpuppy
Re: O.k. all liberals..... said by moonpuppy:Does that worker still owe taxes? My guess that they would in many cases but I doubt many would save for taxes. I don't think any wages earned at minimum wage should be subject to any taxes. Just make the first (whatever the hourly minimum wage is) * 8 hours * 5 days * 52 weeks of money completely untaxed for everyone. -- Only SHATNER is Kirk. |
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 | Thats the way it already is...People who make less than $15,000 a year don't pay any federal income taxes... $7.25*8*5*52 = wait for it... $15080 |
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 | reply to pnh102 said by pnh102:said by moonpuppy:Does that worker still owe taxes? My guess that they would in many cases but I doubt many would save for taxes. I don't think any wages earned at minimum wage should be subject to any taxes. Just make the first (whatever the hourly minimum wage is) * 8 hours * 5 days * 52 weeks of money completely untaxed for everyone. Here is my point.
If it costs less for an employer to pay minimum wage and not do withholding, what incentive does that employer have to raise the salary of a good worker IF it will cost him more? |
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