Minimum Wage Archives - Market Mad House

daniel April 19, 2015April 19, 2016 Fair Tax, FICA, Get Rich Slowly, Income Inequality, Minimum Wage, Mr. Money Mustache, Pinketty, Poor Dad, Poverty, Rich Dad, Social Security

Payroll Taxes and the Minimum Wage

It is time we took a serious look at our entire tax system and started reforming it. We need to restore fiscal sanity in Washington and, more importantly, create a system that stimulates the economy and helps average Americans, not one that takes 12% of even the poorest citizens’ income for dubious purposes. We also need a tax system in which the rich pay their fair share.

You Missed It

daniel November 5, 2014November 7, 2014 Dollar Stores, Family Dollar, FDO, Macroeconomics, McDonalds, Minimum Wage, Sears, Wal-Mart

Would Raising the Minimum Wage Really Help the Economy?

Nor would the increased wage necessarily raise people out of poverty. A working mother with two kids that earned Nebraska’s increased minimum wage of $9 an hour would make $17,280 a year if she worked full time (40 hours a week). That woman would still be below the federal poverty level. The U.S. Department of Health and Human Services has set the poverty level for a family of three at $19,790 a year.