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Related: About this forumPic Of The Moment: New Poll: Public Strongly Supports Minimum Wage Increase
Republicans Reeling as Support For Raising The Minimum Wage Surges to 76%
House Republicans Unanimously Vote Down Minimum Wage Increase
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Xipe Totec
(43,890 posts)Say the minimum wage should never be less than $10 or 0.1% of the salary plus compensations for the highest paid employee in the company, whichever is greater.
So that if the CEO earns 50 million, the lowest paid employee earns $50K. That seems quite fair to me.
arcane1
(38,613 posts)As I recall, the CEO can't make more in a month than the lowest-paid employee makes in a year.
tclambert
(11,085 posts)The highest salary in a given company could not exceed 12 times the lowest salary.
http://www.democraticunderground.com/10023917886
http://www.thelocal.ch/20131024/swiss-backing-rises-for-reduced-exec-pay
BlueMTexpat
(15,366 posts)CHF 20/hr to begin in 2015, although the proposal still has to be approved by the cantonal parliament.
http://www.thelocal.ch/20131111/neuchatel-set-for-first-swiss-minimum-wage
The Swiss will also be voting at a national level for a minimum wage of CHF 4000/mo.
FYI: 1 CHF >1 USD right now.
DirkGently
(12,151 posts)At least a tax incentive or something. Not just workers, but even companies and shareholders suffer when there are incentives for a CEO to make $XXX-kazillion by, say, taking outrageous risks knowing taxpayers will bail them out if things get too ugly.
dotymed
(5,610 posts)dividends are taxed at a lower rate than labor. This is totally ridiculous and obviously (short term) is designed to get more people involved in wall st. , so that they will agree that dividends should be taxed lower.
Working for your money is so passé.
onehandle
(51,122 posts)Deport Congress.
geardaddy
(24,926 posts)Last edited Tue Nov 12, 2013, 04:36 PM - Edit history (1)
on edit: Doesn't go far enough!
dotymed
(5,610 posts)cannot support a family on that wage. There was a $10 an hour proposal, the same goes there.
Medical, food, gas, school even for "free public schools", rent, mortgage, insurance....all of these (according to government) not affected by inflation ..ha
Our economic model should be closer to Sweden's.
Our population is bigger but I do not see how that would affect the 12:1 ratio.
Jeff In Milwaukee
(13,992 posts)So you'll get nothing and LIKE IT!!
PrestonLocke
(217 posts)LAGC
(5,330 posts)How so many people can vote against their own economic self-interest.
That's some strong Tea those folks are drinking...
dotymed
(5,610 posts)and voting reform would change that, IMO.
Except that's way not enough. I say it should be $22/hr across the board minimum-wage And every time the cost of living goes up, the wages goes up. Yes, I am a liberal. We have gone backwards long enough.
I say we put it in forward and get on down the road to peace and prosperity!
easychoice
(1,043 posts)And hows about some insurance and other bennies?Like sick leave and vacation.These guys really make me angry with their destitution wages.Nine bucks an hour after taxes doesn't look so good.
ReRe
(10,597 posts)Anyone, I repeat, anyone who disagrees with that statement has never been head of household in their life in this country!
allGoodThings
(31 posts)BlancheSplanchnik
(20,219 posts)And tie it to CEO pay, as suggested upthread.
dotymed
(5,610 posts)with a much higher wage, are good enough for congress....
Union representation should be available for all. Being represented w/out having to pay the measly (about $25 monthly) that is being enforced in "right to work states" is meant to financially ruin Unions and it is working.
Major Hogwash
(17,656 posts)Congress should raise the federal income taxes on wealthy people, and the corporate tax rate that corporations pay in this country, as well.
And raise the capital gains taxes, and the inheritance tax, too.
ReRe
(10,597 posts)I think back before Teddy passed away?
DeadEyeDyck
(1,504 posts)Since it is different in each state, I just assumed is was a state issue.
Major Hogwash
(17,656 posts)Not lower, but higher.
dotymed
(5,610 posts)would readily accept his.
Bill USA
(6,436 posts)recommended!
nyquil_man
(1,443 posts)MADem
(135,425 posts)Do three warning beeps, have an announcer come on and say "Please read what is on your television screen" and then, in dire tone, say "...and EVERY REPUBLICAN voted NOOOOOOOOOOOOO...." followed by a perky:
Vote for (fill in name of Democratic candidate)...for a living wage for all Americans.
Enthusiast
(50,983 posts)ReRe
(10,597 posts)... when John Boehner or any Republican gets up and speaks, as if they speak for all of the "A-Mer-ican" People. They do NOT represent the American People. They represent 1% of the American People.
Enthusiast
(50,983 posts)ReRe
(10,597 posts)... if a person lies as long as they have, they begin to believe their own lies. They really can't differentiate between reality and the lies they tell. They have totally lost it, and if there's a Hell, they are going there. Either there or to purgatory, if they truly are mentally deranged. We may need to pass a law that every person who runs for office has to take a pass/fail Rorschach test. It's not political anymore... it's psycholigical.