It’s Time to Do Something When a Corporation Like WalMart Won’t Pay a Living Wage:Walmart makes nearly $35,000 in profit every minute and - 2012 average annual @ $405 billion

Last week, thousands of fast food workers from across the country walked off their jobs to demand a living wage of $15 an hour. Ever since, the Republican talking point machine has been running on all cylinders.

According to pundits on the right, giving fast food workers or any other workers, for that matter, a $7 or $8 bump to their hourly wages would cut so much into the bottom lines of “job-creators” that business owners would have to either pass the cost of a living-wage onto consumers or simply stop hiring new workers altogether.

But lost among all the noise on the right is one very, very important point: getting tax preferences and limitations on liability to do business in the United States is a privilege, not a right. It’s a privilege that we as a society offer to budding entrepreneurs and big business alike in exchange for goods, services, and jobs.

Look at it this way: when someone opens up a business, they’re entitled to all sorts of special tax breaks that most people can’t get. They can write off fancy meals; they can write off nights stayed at five-star hotels; they can write off airfare to anywhere in the world they do business, or even might do business; and they can even write off any legal expenses they incur when they get busted for breaking the law. Drug dealers who push pot can’t write off their lawyer’s fees, but drug dealers at Big Pharma, even when they lie and break the law in ways that kill people, can – all because they’re incorporated.

All these breaks come in exchange for the company receiving these benefits giving society something back in return. Besides a useful service like selling meals or a good product like a well-made car, the single most important thing a business owner can give back to society is a well-paying job with benefits.

A job that pays a living wage isn’t just good for the workers who get to take home a livable paycheck, it’s good for other business owners and the economy as a whole. Businesses need people with a reasonable income to buy their goods. When workers are paid so little that they can barely afford to eat, they can’t spend additional money and as a result, the entire economy suffers. This is economics 101.

Continue reading:http://rinf.com/alt-news/latest-news/its-time-to-do-something-when-...

Views: 69

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Wolf on August 11, 2013 at 6:46pm
"According to Mother Jones, the six Waltons, whose money comes from Walmart, control an estimated $115 billion dollar fortune. In total, that’s more than a staggering 42% of Americans combined.
And where did they get all that money? They took it out of the business instead of paying their workers a living wage."...yet their lots are full of buyers. Disgusting. They are contributing to the NWO.

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

cheeki kea posted a photo
57 minutes ago
cheeki kea favorited tjdavis's blog post Propaganda,Cognitive Warfare Europes Self Destruction
1 hour ago
cheeki kea commented on tjdavis's photo
Thumbnail

Sustenance

"Bacon health to the nation for one and all and stealth for operations elsewhere in the war. Yip a…"
1 hour ago
Doc Vega posted a blog post

The Consequence of Loneliness: Another Missing Person Case

Chapter I“Unit 7, Unit 7. Do you read? This is dispatch!”“This is Unit 7, over!” Deputy Patterson…See More
19 hours ago
Cora is now a member of 12160 Social Network
19 hours ago
tjdavis's 3 blog posts were featured
19 hours ago
Doc Vega's 6 blog posts were featured
19 hours ago
Sandy posted a photo
yesterday
Doc Vega posted blog posts
Sunday
tjdavis posted a video

Devo - Fresh

"Fresh" is from Devo's 2010 album, Something For Everybody. Video producer – Brian Carr/David VotteroVideo director – Gerald Casale & Davy Forcehttps://www.C...
Sunday
Doc Vega commented on tjdavis's blog post Drones Used In Gaza Surveilling US Cities
"Remember that song by Alan Parsons "Eye in the Sky"?"
Saturday
Snakedaddy favorited tjdavis's video
Saturday
Doc Vega posted a blog post
Friday
tjdavis posted blog posts
Friday
Cora favorited Doc Vega's blog post They Won’t Stop
Thursday
Cora favorited Doc Vega's blog post They Won’t Stop
Thursday
Sandy commented on tjdavis's blog post Drones Used In Gaza Surveilling US Cities
Thursday
Less Prone favorited cheeki kea's photo
Wednesday
cheeki kea commented on cheeki kea's photo
Thumbnail

ancient lost worlds ~ DNA

"The area of Ket and Selkup  peoples.There have been groups of people that have long…"
Nov 5
cheeki kea posted a photo
Nov 5

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted