darkseer

No. I’m saying that increasing the taxes for a single bracket can’t be done. If taxes for the top bracket increase the taxes for the lower brackets will increase as well

You missed my point. If taxes could be targeted to specific groups or people, politicians would increase taxes on their rivals and on possible revenue streams their rivals use.

Global economy. Nothing to prevent them from continuing to make a profit from a brand new tax haven country.

I wasn’t talking about a flat tax. I was stating that if taxes increased for one part of society then it has to increase for everyone. Otherwise, whichever party is in power would increase taxes on the other party’s registered voters.

It’s hard to find even one thing that affects just one group of people. For example, increasing the Capital Gains tax will also impact retirees cashing in their retirement plans. Also, what’s to stop them from just leaving the country and renouncing US citizenship when taxes get too burdensome?

Can’t raise taxes for the rich exclusively in the US. The 16th amendments wording prohibits raising taxes for specific individuals or groups of people. It has to be that everyone pays more taxes or it violates the Constitution. So if any politician says they’re going to make the rich pay their fair share, keep in mind that you’re going to pay more too.

Truck drivers hours are federally regulated. We can’t be on duty for more than 70 hours in an 8 day period. We also can’t drive more than 11 hours a day and are required to wait ten hours before we can start driving again. To reset our weekly hours we are required to wait 34 hours before we can go on duty, though we do get hours back if we manage our hours well enough for them to rollback on the ninth day.

It’s not even that. Our currency’s value isn’t based on a constant value like precious metals or jewelry. It’s based on the perceived strength of the US economy. Something even as negligible as an increase in the minimum wage devalues the currency.

The best analogy I can make is that the corporate world is a ladder. Minimum wage is of course the first step on that ladder. The idea to get more financially secure is to climb the ladder until you feel that you make a comfortable living. Raising the minimum wage is like calling the first step Step 5, Step 7, Step 15, etc… It doesn’t change the fact that it’s still the first step on the ladder. What’s worse, every time they change the name of the step they knock the next step of the ladder out, making it more difficult for you to make it to the next step.

In a way you can effectively argue that the minimum wage is a tool of the rich to keep the majority of the people poor.

Let’s face it. Raising the minimum wage does nothing except create more minimum wage workers, eliminates jobs as those roles are merged with other roles and increases the cost of living exponentially so that it’s even more difficult to survive on minimum wage.