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Could raising the minimum wage prevent thousands of suicides?
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<blockquote data-quote="blackribbon" data-source="post: 74640818" data-attributes="member: 298417"><p>The poor don't pay income taxes. The working poor may even get paid through Earned Income Credits instead of being taxed.</p><p></p><p>Registration taxes on old cars is less than new cars. In my state, the poor get reimbursed for some of their rental costs so they don't pay the same in property taxes (I make too much so don't get this rental credit). </p><p></p><p>The only thing the poor get taxed at the same rate as everyone else is on sales tax. However, many necessities such as groceries are tax exempt. (Prepared food is taxed). </p><p></p><p>However, if we raise the minimum wage, the minimum wage earners may no longer make incomes that qualify them for the benefits of being poor ... so overall, they end of spending more.</p></blockquote><p></p>
[QUOTE="blackribbon, post: 74640818, member: 298417"] The poor don't pay income taxes. The working poor may even get paid through Earned Income Credits instead of being taxed. Registration taxes on old cars is less than new cars. In my state, the poor get reimbursed for some of their rental costs so they don't pay the same in property taxes (I make too much so don't get this rental credit). The only thing the poor get taxed at the same rate as everyone else is on sales tax. However, many necessities such as groceries are tax exempt. (Prepared food is taxed). However, if we raise the minimum wage, the minimum wage earners may no longer make incomes that qualify them for the benefits of being poor ... so overall, they end of spending more. [/QUOTE]
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Could raising the minimum wage prevent thousands of suicides?
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