$25 would destroy any ability for most small businesses to ever get larger or going at all.
I’m basically dying a slave holding a paintbrush in that timeline or raising prices 5x at least. $2k a month for employee health insurance. $25 an hour. Kiss literally everything that isn’t a major corp goodbye!
What needs to happen is redistributing that wealth those corps stole from us.
Not sure why this is getting down voted so hard. There are a ton of small businesses that have really small margins, just think about how many didn’t survive COVID. Any businesses that hire lots of low skill labourers would struggle to get off the ground.
Maybe we should do universal healthcare too. That would help them.
I’m not one of those anarchists that thinks nobody needs to work, but I think universal healthcare, an actual living minimum wage, and a 32-36 hour work week are all achievable.
Sure is a good thing we don’t currently count healthcare costs as taxes, or that’d look a lot different. Did you know most employers spend more on your healthcare than you do?
Whatever you call it, it would be nice to have more take home pay.
yeah its not going to effect mom and pop shops if you are actually talking family run. It will make it more cautious in growing but if anything it will make it harder to have a business where the owner stops working. I would prefer more the thing where the highest compensation can’t be over 100x the lowest but im not going to quibble about the best way to do good things over bad things.
Small businesses die out, often times, because people can’t afford to buy their stuff. One of the most basic signs of a good economy is small amounts changing hands often. Places like Walmart dominate the field because everyone is so poor they need to worry about saving single dollars and many cannot responsibly buy from local businesses. It’s literally a business strategy for Walmart, Amazon, etc. to undercut long enough to drive out small business and then they keep their employees too poor to fight back.
$25 would destroy any ability for most small businesses to ever get larger or going at all.
I’m basically dying a slave holding a paintbrush in that timeline or raising prices 5x at least. $2k a month for employee health insurance. $25 an hour. Kiss literally everything that isn’t a major corp goodbye!
What needs to happen is redistributing that wealth those corps stole from us.
Not sure why this is getting down voted so hard. There are a ton of small businesses that have really small margins, just think about how many didn’t survive COVID. Any businesses that hire lots of low skill labourers would struggle to get off the ground.
Maybe we should do universal healthcare too. That would help them.
I’m not one of those anarchists that thinks nobody needs to work, but I think universal healthcare, an actual living minimum wage, and a 32-36 hour work week are all achievable.
I mean… Look at most other first world countries, you don’t need to think, it’s pretty reasonable shown it’s a thing
Universal Healthcare definitely is achievable but it requires a lot of tax money.
Right now US total taxation level is ~30%. If you want EU style safety net on you, then expect 45-50%
Sure is a good thing we don’t currently count healthcare costs as taxes, or that’d look a lot different. Did you know most employers spend more on your healthcare than you do?
Whatever you call it, it would be nice to have more take home pay.
How about reforming healthcare so it’s both private and reasonably priced?
Small business’s definitely can afford to pay 25$ an hour. If they can’t, they dont deserve to be in businessm
yeah its not going to effect mom and pop shops if you are actually talking family run. It will make it more cautious in growing but if anything it will make it harder to have a business where the owner stops working. I would prefer more the thing where the highest compensation can’t be over 100x the lowest but im not going to quibble about the best way to do good things over bad things.
Small businesses die out, often times, because people can’t afford to buy their stuff. One of the most basic signs of a good economy is small amounts changing hands often. Places like Walmart dominate the field because everyone is so poor they need to worry about saving single dollars and many cannot responsibly buy from local businesses. It’s literally a business strategy for Walmart, Amazon, etc. to undercut long enough to drive out small business and then they keep their employees too poor to fight back.
You’re scared, and I get that, but it will be ok.