Wages

It looks like our Washington represetatives are going to raise the minimum wages. So what happens next? The cost of producing our food and other commodities goes up. Transportation costs go up. Costs to the retailer and the merchandizer all go up. So in the end the cost of what the worker has to buy will probably increase more then the increase in his wages. So what did he gain? We are already priced out of the world market where we have to compete with workers that work for a dollar an hour or less and that is causing a huge trade deficet to this country. The trouble with this country is some people are making to much money. Some company directors, C.O.'s, and sports personnel make anywhere from one to one twenty five million a year. That is at the expense of their investors and the working public. If we were to raise the personal income tax by one percent for every $100,000 over the first $500,000, up to 80% we would have enough money to pay off the national debt, take care of social security and all other government programs, and have money to send back to the states to fix roads, schools, hospitals, and any other public works that would benefit the public. That would reduce the cost of living for the general public and create a lot of jobs, that in turn would have more people paying taxes and give a big boost to the economy.