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2016 Postmortem
In reply to the discussion: Hey, Middle Class: Hillary Gets It [View all]Thinkingabout
(30,058 posts)95. OK, I am not against higher minimun wage, this isn't what Hillary is saying at all. She wants some
profit sharing with employees when the company makes a profit, if it is a public company dividends will be issued to shareholders and then give the employees some of the profit.
If a company isn't making profits they can not pay higher salaries or profit sharing. If the incentive of tax breaks gets the results of employees it will be a win-win situation. You ask how do we make up the tax breaks for the profits, employees are getting more money and we in turn we purchase goods and services, they pay more in income taxes which makes up some of the tax incentives given, financial recovery starts occurring and we are all better off.
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No, she doesn't: She will have to nego with Congress; That s a long time away
lewebley3
Jul 2015
#21
over the next couple months Mrs Clinton could lead a public push to 'make Congress raise the minimum
Sunlei
Jul 2015
#75
Profit sharing is the worst thing that's ever happened to the employees of my company.
Dawgs
Jul 2015
#5
Well, for one, they dumped employee matching of 401K from 4% to 1% to implement it.
Dawgs
Jul 2015
#17
It does suck. And, I would argue that most companies would drop something to pay for profit sharing.
Dawgs
Jul 2015
#30
And that's why it's ridiculous. You can't make companies do anything when it comes to their money.
Dawgs
Jul 2015
#33
We've been told on this site that traffic lights and the military are socialism
BainsBane
Jul 2015
#13
Worst thing? In what way? Profit sharing was the BEST thing that happened to the employees...
George II
Jul 2015
#89
I have participated in profit sharing and it wasn't tied to a 401 plan and we already had a 401
Thinkingabout
Jul 2015
#91
OK, I am not against higher minimun wage, this isn't what Hillary is saying at all. She wants some
Thinkingabout
Jul 2015
#95
She has lots of supporters who trust her and in fact if you checked on where the
Thinkingabout
Jul 2015
#92
Give me a holler again when she explicitly reverses her stance on programs like H-1b and H-2B
cascadiance
Jul 2015
#8
visa foreign workers are paid the federal minimum wage. Plus workers pay the 'contract batchers'...
Sunlei
Jul 2015
#53
Exactly. I'm so fed up with these "Terms of Reality" as if they're set in concrete.
BlueJazz
Jul 2015
#45
Oh, my, let's jump out try to curtail working people from getting more money. Do you agree with
Thinkingabout
Jul 2015
#93
Does anyone have a ballpark income range for what Clinton means by "middle class?"
RadiationTherapy
Jul 2015
#39
Its all the Americans paid the crappy minimum (is it $7 now?) who need a higher Federal minimum.
Sunlei
Jul 2015
#47
I think all of the D contenders and President Obama know its "wages of middle-class workers"
Sunlei
Jul 2015
#41