10-02-2018, 11:56 AM
(10-02-2018, 11:50 AM)Benton Wrote: That's what it's going to take, companies having some initiative.
Personally, I'm against a federal minimum wage as it doesn't take into account wage disparity from area to area. Even in states that's a tricky thing as $14 an hour in Louisville won't pay for rent but $14 in far eastern or western Kentucky will get you a two bedroom apartment. I also don't like directly requiring companies to set wages and the like. That shouldn't really be the government's role.
But I'm good with the government encouraging paying higher wages through tax breaks and other incentives. That's one reason I hated the last round of GOP tax giveaways for businesses, it did nothing to incentivize them to pay employees more. And, yeah, several companies gave employees a one-time bonus... which amounted to next to nothing in long-term economic growth. I'd rather see tax rates increase on businesses, then lower them relative to management exempt employee salary expenditures. That encourages the company to 1- make more money and 2- spend more money on employees. Those higher paid employees then spend more money and pay more taxes, which offsets the lower rate.
I’d prefer a system like that, too. The BEZOS bill should still be implemented. That would ensure large companies are responsible for the cost of their low wage employees on the government/country.
