Minimum Wage debate - USA

[AC]

While this may be a fun topic to masticate, it is truly verbal masturbation. 

That's a pretty good description about your thread and quest to engage some more scammers.

[AC]

While the calculation may hold truth for your busness there is still a logical fallacy.
First of all, a minimum wage is to keep employees a little above the poverty line. This does mean that in NYC the minimum wage would need to be higher as where you are located.
As for raising the prices, that would depend on the part that labour plays in the cost price. For a company that has labour as main cost price would rise more, companies where labour is a small part would just need to rise 5% or less.
Calculating it ro Euro, a $15 minimum wage does seem too high, knowing that the minimum wage in my country is currently around $12 and cost of living a lot higher.

What is the average wage per hour back in Putin's Russia?  Are there safety nets for the poor in Russia like there are in the USA?

[Shadow]

What is the average wage per hour back in Putin's Russia?  Are there safety nets for the poor in Russia like there are in the USA?

Let's not go there. If you wish to know, there is a minimum wage in Russia, however except for pensioners if you do not work you do not eat. On the other hand, it is very easy to be self-sufficient in Russia where you will need just a few roubles a month. Providing you live more than one hour away from the big cities.

[AC]

Let's not go there. If you wish to know, there is a minimum wage in Russia, however except for pensioners if you do not work you do not eat. On the other hand, it is very easy to be self-sufficient in Russia where you will need just a few roubles a month. Providing you live more than one hour away from the big cities.

And what is that minimum wage?  Let's compare the minimum wage in Russia, along with the cost of renting an apartment in a medium to large sized city in Russia, as well as any government hand outs such as food stamps etc. versus the minimum wage and other such in the USA.

Or, like you said, "Let's not go there".  In other words you like to dish it out, but you don't want to take the same medicine.  Is that right?  You still want E. Ukraine to be controlled by Moscow like it is now? 

[Shadow]

And what is that minimum wage?  Let's compare the minimum wage in Russia, along with the cost of renting an apartment in a medium to large sized city in Russia, as well as any government hand outs such as food stamps etc. versus the minimum wage and other such in the USA.

Or, like you said, "Let's not go there".  In other words you like to dish it out, but you don't want to take the same medicine.  Is that right?  You still want E. Ukraine to be controlled by Moscow like it is now?

Do you believe Russia has the same standard of living, economy en economic potential as the USA?
Remember I am not Russian and have shown the situation in my country througout the topic. So I am taking as much as dishing out.
I feel I can hold the USA at least to equal standards as the Netherlands. Simply because the Americans tend to hold themselve to the highest standards and wish to be on the top of the lists.
I do not hold Russia to that standard... yet.

[AC]

Do you believe Russia has the same standard of living, economy en economic potential as the USA?
Remember I am not Russian and have shown the situation in my country througout the topic. So I am taking as much as dishing out.
I feel I can hold the USA at least to equal standards as the Netherlands. Simply because the Americans tend to hold themselve to the highest standards and wish to be on the top of the lists.
I do not hold Russia to that standard... yet.

The Netherlands is a Socialist country.  The USA is not and hopefully never will be.   

[lordtiberius]

wrong again

We are a socialist country and like all socialist countries, we are all Soviet varying only in degree.

[Shadow]

The Netherlands is a Socialist country.  The USA is not and hopefully never will be.   

Well as I mentioned before, to the American view all of Europe is socilist. Our most extreme right party the PYY of Geert Wilders would fit to the left of Obama and even the French Front national would not match programs with the Republicans.
However most of our programs were created under Christian or Liberal led coalistions.

Just in case some americans do not know, our pariliament has 150 seats, during elections each pf the 15 parties partaking can earn seats, meaning that in total about 10 to 12 parties are in the Parliament. As it almost never happens that a single party earns over 75 seats, a government is formed by a coalition of parties, which often leads to coalitions that amaze foreigners.
Currently we have a liveral-socialist-democrat government, which according to polls will not be re-elected. After elections it will likely be a liberal-Christian colaistion as the extreme right is left out of negotiations for government.

[AC]

wrong again

We are a socialist country and like all socialist countries, we are all Soviet varying only in degree.

We are not Socialist yet.  Hopefully with a Republican Congress coming in January and a Republican President in 2016 this country will abolish all Socialist junk which was approved by Obama and get back to our roots.

[lordtiberius]

ahh okayy

We have too many wimps in our ranks.  There is serious talk about minimum wage hikes (I say a billion dollars) and our response is "its not going to happen" when it should be, I'm sorry but we abolished it or we reduced it to a penny an hour.

FT hates our dollar, but does he want it replaced?  No.  He wants it destroyed and the wimps on this board and in Congress are too scared to tell him not NO but F NO.

[ML]

I hope to get $ 59.000 for it.  I am attaching a photo of this one which might give you an idea of what 60 grand will buy here.  It won't win any beauty contests but it is a nice clean serviceable house and actually the house I grew up in. 

What are the yearly property taxes for this house ?

[fathertime]

FT hates our dollar, but does he want it replaced?  No.  He wants it destroyed and the wimps on this board and in Congress are too scared to tell him not NO but F NO.

Now you are just being silly again....if the dollar were to tank, my future plans would be ruined....I need the dollar to stay at a reasonable level....I'm concerned that it may not though....but for now, all is well, real well...It has been years since I've gotten as much bang for the buck in S. America....and it is still rising


Fathertime!   

[Turboguy]

What are the yearly property taxes for this house ?

Our taxes here are pretty reasonable.   I pay $ 1315.05 a year on the house for sale for $ 59,000.  For the small house I pay $ 760.55 and for the house I live in about $ 1800.00


By the way talking about real estate bargains, I paid $ 3,100.00 for the house I am living in.  I bought it for taxes.  There was another $ 800 in transfer taxes however.  I have put about $ 35,000 in remodeling it.  When I first bought it I had it as a rental property but it had more potential than the house I was living in at the time (the one for sale for $ 59,000) so after renting it for a while and remodeling I moved in there.  The tax assessment on the house I bought for taxes was 65 grand at the time I bought it.  That one will likely go up for sale after we sell the one for sale now and we plan to do some house shopping.  It will make my wife's day when we do sell that house and can start shopping.  I am happy where we are but my wife would like something newer.  I am hoping to get at least 80 grand for that house but who knows.  Whatever it is it is. 

[Muzh]

wrong againWe are a socialist country and like all socialist countries, we are all Soviet varying only in degree.

We are not Socialist yet.  Hopefully with a Republican Congress coming in January and a Republican President in 2016 this country will abolish all Socialist junk which was approved by Obama and get back to our roots.

Wrong both of you. This is a country of ignorants and misinformed ready to follow the first idiot who says the things they want to hear.

[Muzh]

Our taxes here are pretty reasonable.   I pay $ 1315.05 a year on the house for sale for $ 59,000.  For the small house I pay $ 760.55 and for the house I live in about $ 1800.00


By the way talking about real estate bargains, I paid $ 3,100.00 for the house I am living in.  I bought it for taxes.  There was another $ 800 in transfer taxes however.  I have put about $ 35,000 in remodeling it.  When I first bought it I had it as a rental property but it had more potential than the house I was living in at the time (the one for sale for $ 59,000) so after renting it for a while and remodeling I moved in there.  The tax assessment on the house I bought for taxes was 65 grand at the time I bought it.  That one will likely go up for sale after we sell the one for sale now and we plan to do some house shopping.  It will make my wife's day when we do sell that house and can start shopping.  I am happy where we are but my wife would like something newer.  I am hoping to get at least 80 grand for that house but who knows.  Whatever it is it is.

Damn, compared to Upstate NY you guys are being overtaxed!

[AC]

Wrong both of you. This is a country of ignorants and misinformed ready to follow the first idiot who says the things they want to hear.

Jonathan Gruber and Obamacare proved that very soundly.  The ignorant of the World will always believe Marxist fairy tales.

[Muzh]

Jonathan Gruber and Obamacare proved that very soundly.  The ignorant of the World will always believe Marxist fairy tales.

I can always count on you to make my case. 

[AC]

I can always count on you to make my case. 

No doubt you want to distance yourself and all other elected officials from the statements of Jonathan Gruber.  Jonathan Gruber would like to distance himself from his own statements of which he claimed to have a faulty memory about.  Nancy Pelosi and the Whitehouse all wanting to distance themselves from a consultant they hired.

So do you admit that the ACA aka "Obamacare" was a gigantic financial boondoggle?  It doesn't much matter to me what you think.  All of Obama's Marxist attempts to destroy this country are going to be undone. 

[fathertime]

Damn, compared to Upstate NY you guys are being overtaxed!

My strong impression was that NY had very high property taxes, comparatively speaking....so I did some further reading on the subject....it looks like there are various property tax rates in the different counties in NY.   


Fathertime! 

[Turboguy]

Real estate taxes are usually local taxes for the city, county and school district.  They can vary a lot in a state.  Even here the closer I would be to Pittsburgh the higher the tax rates would be.  We have hopes to be house hunting soon and some of the places we would consider have very high tax rates.   I would think there are places in upstate NY that have low taxes.  I have spent a lot of time in upstate NY and have no reason to think there are not some reasonable places to live but of course get close to NYC and the taxes would be killers. 

[Muzh]

Real estate taxes are usually local taxes for the city, county and school district.  They can vary a lot in a state.  Even here the closer I would be to Pittsburgh the higher the tax rates would be.  We have hopes to be house hunting soon and some of the places we would consider have very high tax rates.   I would think there are places in upstate NY that have low taxes.  I have spent a lot of time in upstate NY and have no reason to think there are not some reasonable places to live but of course get close to NYC and the taxes would be killers.

Well, that also depends on the lot size, the square footage of the house and rural vs. suburb.


Anything Westchester County and south is prohibitive.


Now, a house comparable to the one you showed would go for about $175,000 and taxes would be in the range of $1.5K to $3.5K in my neck of the woods.


The house we are planning is going to bring our taxes in the range of $8.5K to $10K.