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The other side of the coin is to add a NIIT.
Passive incomes should be taxed.
Active incomes should not.
A WA State NIIT of 1% would solve lots of problems.
Job killing! Bruce Ramsay barks. Because of some voodoo calculation done in 1991? Why not simply argue that there's a correlation between a state's minimum wage and the state's unemployment rate?
Because there is no correlation, perhaps? Dang.
Do you guys do analysis or just carry water?
I've seen old theoretical studies quoted, and commenters keep referencing the Australia situation, but is there an independent study (not financed by either political side) showing what would actually happen to businesses, employment (especially for teens and other unskilled populations), and prices here in Seattle if the MW goes to $15?
Yes, there have been studies that suggest wages would go up for people while businesses would do just fine.
Want to make interior parts for airplanes (grade 3)? Take a paycut from heating frozen meat patties.
This false argument brought to you by what is the shrinking middle class.
Here's one via a Slog post that Goldy wrote. It's technically an anecdotal rather than scientific account, and I'm sure if you're working from a position of trying to discredit the argument for a higher minimum wage, you'll find plenty of reasons to claim that this is invalid (for example, it's in California, not Washington, or it's a $12.93 minimum, not a $15 minimum, and whatever else), but it's evidence that employees and their employers do just fine with a higher wage.
Another case of "progressives" towing the line for the Big Business allies of Big Government.
It's called equality.
One day the non-elites can all be equally poor.
The Corporate controlled Government always knows best.
Put the party of Romney's feet to the fire on this one. It is long overdue. And I can't wait to hear them whine about class warfare. THAT is a losing attitude in an election.
>Executive class will ensure that the extra labor cost will be payed the consumers.
So Big companies won't reduce their profits or compensation, so they will raise prices. Understandable
> Seattle is getting to be a very expensive city for individual businesses which is why you see more big chain stores and restaurants take over
Wait if big business raise its prices in Seattle to compensate, how does that change this dynamic? the fixed labor cost per day will raise for both big business and small. so the dynamic hasn't change. the competitive advantage of a big company isn't it's smaller labor cost- if anything its a liability as your overhead increases. So raising the minimum wage should if anything help small businesses.
What is your small business? How many employees do you have and what do you pay them?
I've seen a lot of rhetoric from both sides of this issue, but nothing that seems to specifically deal with the actual situation here in Seattle.
And from what I have read about it nationally, opinions from economists tends to be very mixed if it would help or hurt.
Pragmatist. Right. Sure.
I suppose I could live in the suburbs like a monk and save money/ reallocate the city's resources to the sprawl. I mean, after all I'm a teetotaling Bible Belt social conservative that needs that money to feed a family that I don't believe should be intentionally limited by contraceptives. My brood doesn't need higher education because they don't need to excel in the suburb of a city that let's the lowest common denominator do just as well as the ambitious. It's not like we can/should/ought to strive to be educated or rich or cultured like the increasingly shrinking coorporate executive elite when there is no incentive to be anything in the middle. Now that the class gap is so wide that we are back to peasant/royalty dynamics. What's the point of having small businesses succeed in a city I only work in full of people doing things (and paying prices for those things) that I find morally reprehensible (alcohol, caffeine, liberal/intellectual culture) which they can't afford? There's way too much hipster on hipster crime anyway. How else do they afford the 25% tax on the pot they just legalized? I'll just pop out dumb babies and watch cage fighting while listening to glen beck and letting my pastor molest my fat cross eyed rat-children. Thanks socialism! Thanks Goldy!
Just asking questions. JAQ. Jaqing off is what you are doing.
"why not raise it to $100,000 an hour? Minimum wage jobs are apprenticeships. Don't be emotional. Yes Yes We know people are starving but lets talk economically (seriously!) Let's talk morally. Minimum wage jobs shouldn't be a hand out (!), they should be an incentive to get more skills and do other jobs"
@27 we are not going to see a jump from $6 to $7, it will be frm $6 to $9.50. How would you feel about that kind of increase?
It's nothing more than privatization of profits socialization of costs. If your shitty business can't survive the idea of paying your employees a good wage you deserve to go under and stop sucking in the air for businesses that can.
Somehow Spokane manages to compete with it's Washington State minimum wage, even with free market libertarian Idaho just across the border a few miles away.
In fact it reminds me of when republicans say that they shouldn't raise taxes, but rich Dems could donate if they wanted to while completely ignoring the impact of a level playing field.
Every professional service firm (you know, the businesses that occupy all of those office buildings) will face a substantial hit with this type of hike. Every $12/hour file clerk will suddenly cost an additional $6,240 a year when their wage gets hiked to $15. Ten of those equals $62,000 a year. Many firms will opt to relocate to places like Shoreline or Tukwila, because the one time cost of a move will be substantially cheaper than the permanent cost of the wage hike. This will also put a massive strain on public transportation, as all of those ORCA subsidized workers will now need to re-route to outside the city limits.
Meanwhile, a downtown Subway will face a $10,400 hit for every counterperson - plus the shift supervisor and store manager will also demand a hike, so add another $4,160-8,320 for each of them. How many extra $5 footlongs will they need to sell to a decreased number of downtown employees?
Lest we also not forget all of the housekeepers, janitors, receptionists, bellhops, waiters, dishwashers, security personnel, and retail clerks that will now be adding as much as $10,400 per employee. This will hike costs for stores, restaurants, hotels, etc., possibly reducing convention and tourist business.
You CANNOT have this kind of wage mandate happen within a single municipality. Google "Long Beach hotel minimum wage" if you believe otherwise. To do so will only create H. Ross Perot's famous "giant sucking sound" and will economically cripple business within the city limits.
You want a wage hike? It needs to happen at AT LEAST the state level, if not federally. Better yet, let's cut the Gordian Knot and work on implementing universal basic income and do away with the minimum wage issue permanently. Time to start thinking big, people.
Thinking big in this scenario only invites inaction and failure. When the nation has a belief that they are loathe to give up, they have to see the change in action with their own eyes before they'll sign on.
But then again, I suppose real-world scenarios are easy to dismiss when you're living in mom's basement.
@36 Fuck you, why aren't the interns paid?
@38 Why to go Jeff, completely ignoring the economic benefits of having people make more money! Do you have any fucking clue what happens when the poor are given money? They fucking spend it, driving up demand! I know you're a fucking master of Econ 101, but you might want to try some of the more advanced coursework!
@46 - Please, I was making a distinction between action at the federal level vs municipal. I wasn't talking about the size of the minimum wage increase.
Please stop being the bully here. There is a real conversation to be had. You're attempting to silence that conversation and several small businesses and non profits on Capitol Hill are afraid to speak up because of it. They will be included in the conversation Council has in deciding what happens with this, and that's good news.
It's good of you to admit that you don't care about the interns.
You could see if they're hiring and apply. If you get an interview and it goes well, you'll be able to find out first hand.