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10:39 PM
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I calculated based on minimum wage 30 years ago and cost of living
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[quote:hillbilly 79632299:MV81MTY2MDU3Xzk0OTE0ODUyXzUxMzEwREY0] The key to this puzzle is embedded taxes. Corporations are exempt, while their 'human resourses', i.e. associates, formerly known as personnel, supply the company with their SS 'exemption', which is also tapped when taking out a 'loan'. The loaner receives the amount 'loaned' upon signing. They are essentially paid twice, PLUS any usury applied. Then there's the Circle K, or U, etc. TAXES found on that box of cereal, etc. which are added every step of the path it takes to your table. Big Box stores are exempt while Mom & Pops pay you know who. [/quote]
Original Message
I made $11/hr back in 1992 which I considered a low wage. Minimum wage in 1992 was $5.50. Federally now it’s $7.50/hr. Some states have higher. , Florida being $10/hr and California being$13/hr
Prices of things since 1992 have gone up 300-700% but the Federal minimum wage has only gone up 100%. Gas, for example, has gone up 400%. Toyota pickup roughly up 500%. Rent where I used to live in 1992 has gone up 600%. Food I’m paying probably 300% more
Based on my calculations with cost of living , the min wage should be, at least, $25/hr to be able to pay your bills
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