G
Guest61835
Guest
I've never thought about this till now. I'm sure there are many reasons towards why inflation is going on in the United States but I'm pretty sure this is the main reason.
T-A-X-E-S.
Small and even moderate sized businesses already get ripped off by taxes from our government but now people think they deserve more money with minimum wage being lifted to 15 dollars an hour?
This negatively skews the perspective of what truly is valuable in skills now or makes more valuable people cost too much in a job.
Example: Bob makes 15 an hour flipping burgers with no high school or college degree. And then there'sgood ol' Mr. tech support tier 2 guy who makes 17 an hour full time with a college degree and high school degree, and technical background of almost 2 years.
Which one do you think will have a harder time finding a job in all honesty?
This isn't inflation just because prices will go up. The only reason things are increasing in price is mostly because of taxes from my viewpoint.
If you sell something for $3.50 ,the government gets $1.05 because of 30% quarterly taxes. Therefore you're not getting your product sale of $3.50 but only $2.45 from the sale in gross sales. So to actually get the amount you desire in a sale, you have to sell your product for 4.5 dollars. After quarterly taxes, this amount is now $3.15 which is the gross sale for the target amount you desire. You get the money you want but it costs more for the consumer. We need to lower taxes. Taxes are the reason for "inflation".
We value entertainment more than we do food now. You can see why many things which are actually valuable are increasing in price. This is why in my opinion.
Either the valuable will become more valuable or will become too expensive to hire.
T-A-X-E-S.
Small and even moderate sized businesses already get ripped off by taxes from our government but now people think they deserve more money with minimum wage being lifted to 15 dollars an hour?
This negatively skews the perspective of what truly is valuable in skills now or makes more valuable people cost too much in a job.
Example: Bob makes 15 an hour flipping burgers with no high school or college degree. And then there'sgood ol' Mr. tech support tier 2 guy who makes 17 an hour full time with a college degree and high school degree, and technical background of almost 2 years.
Which one do you think will have a harder time finding a job in all honesty?
This isn't inflation just because prices will go up. The only reason things are increasing in price is mostly because of taxes from my viewpoint.
If you sell something for $3.50 ,the government gets $1.05 because of 30% quarterly taxes. Therefore you're not getting your product sale of $3.50 but only $2.45 from the sale in gross sales. So to actually get the amount you desire in a sale, you have to sell your product for 4.5 dollars. After quarterly taxes, this amount is now $3.15 which is the gross sale for the target amount you desire. You get the money you want but it costs more for the consumer. We need to lower taxes. Taxes are the reason for "inflation".
We value entertainment more than we do food now. You can see why many things which are actually valuable are increasing in price. This is why in my opinion.
Either the valuable will become more valuable or will become too expensive to hire.
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