Quote:
Originally Posted by GatorB
Ironic name since the less your earn the more credit you get. You don't even have to work fulltime at minimun wage to earn enough to get the full credit. I agree raise the minmum wage then to help small business out you can give them a tax break with the savings of not having to dole out earned income checks anymore. Not to mention that earned income credits aren't taxed. A pay raise would be. That will also help offset any tax breaks for small businesses. It would also make taxes easier and reduce fraud.
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I don't agree with alot of the details you mentioned, but on the big issue we agree.
Raise minimum wage and get rid of tax subsidies that are used to supplement low wages.
I don't see the point in having a minimum wage if it's not set above the poverty level anyways. They should jack it up, and then tie it to inflation so it readjusts automatically, and then never have to mess with it again.