I was listening to a news report regarding raising the minimum wage and some idiot being interviewed said
"why should someone working for McDonalds in Denmark make $15 an hour and I can't here in the US" I admit sometimes ignorance makes me speechless but my first instinct was to say
"because you don't live in Denmark you idiot" It did get me to thinking so I did some checking.
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Most minimum wage people here in the US pay little or no income taxes after deductions and even if they did the lowest tax rate is 15% on the other hand if a McDonalds employee in Denmark makes $15 an hour their lowest tax rate is 45% so that $15 per hour turns into $8.25 take home. On top of that their overall their cost of living is higher, gasoline averages $8.55 a gallon, an average pair of Levis cost $145 and the average cost of a Big Mac meal in Denmark is $8.20 USD compared to about $5.75 here.
I guess ignorance is bliss, I am sure if wages go up here our businesses will just eat the expense for the good of the employee and I am equally sure government will waive the higher tax brackets to help out the struggling workers as well.