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.
Yeah, right... Ignorance... sigh...
ReplyDeleteOld NFO, and we all know McDonalds employees deserve to make a better wage than the poor grunt slob in the military.
ReplyDeleteWell certainly, why 'everybody knows' that the only people who go into the military are just waaaay too stoopid to do anything else....or something like that. (was U sarcastic enough?)
DeleteOTB MCPO sends...............
Anon, It is amazing to me how some people are bright enough to live past adulthood, without a parent to hold their hand. Thanks.
DeleteOn top of all else, Denmark and Sweden, both socialist "cradle to grave" states, have an immigration problem. They let in thousands of Iraqis, who immediately got on the dole and devoted their leisure hours to their normal pass times of dope running, armed robbery, rape, housebreaking , et al. Now the Danes and Swedes are having to cope with a big increase in violent crime and a huge draw down on their social safety net. You get what you ask for, sometimes.
ReplyDeleteHarry, Given time we will be at the $15 an hour wage for burger flippers and it will coincide with full blown government "free" health care and a 50% tax bracket for those same poor slobs at McDonalds, but they will be happy I am sure.
ReplyDeleteFrom what I've been reading, the Danes have done an about face on immigration and are making it difficult enough that Somalis are self deporting...to England.
ReplyDeleteBrass
Anon, Interesting, maybe one day people will be bailing out of here also but for now they all want to be in the US so I guess things aren't as bad as the protesters think it is.
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