You might want to include that the lowest tax bracket in Denmark is 45%.
In America under a certain threshold you do not pay any taxes, which covers most people making minimum wage.
So that $20 an hour just plummeted to $11 an hour net pay.
Denmark also pays a 25% sales tax. The highest sales tax in the USA is 9.45%
Not to mention that Denmark adds a lot of duties and fee to almost everything. Also in Denmark a gallon of gas is $10 a gallon.
In denmark a person over 18, working for McD earns 17.5 USD minimum.
A Cheesburger costs 1.5 USD
A Big Mac Menu, medium cost 9.5 USD
"Everything always changes. The best plan lasts until the first arrow leaves the bow." - Matrim Cauthon
You can make the comparison but you should also adjust for the cost of materials. Its dishonest to just say "oh the difference is 35 cents so it must all be labour!" Don't get me wrong I don't think the price of a hamburger will change much at all but we shouldn't manipulate data to demonstrate it.
That is because you see their arguments from your non conservative view point. You are not being kind to their argument in the philosophical way.
If you come to the argument with the prior bias of "they are doing it because they don't want anyone to have a better life" of course you won't understand. Both sides of the aisle are kind of in it for the same thing. They are in it to make life easier and better for everyone. They don't agree on the methods but they have the same goals. Take some time and read conservative ideas and don't just jump to conclusions, take the time to try and understand the arguments. You might find things you like in there.
I say this as a liberal in the classical sense. I am in no way a conservative but some of their ideas have merit. They are not the bogey man you make them seem to be.
Speaking as a landlord, I truly wish I could still charge $500/month, but that wouldn't even cover the property taxes, much less insurance, mortgage, licensing fees, repairs, etc.
Seriously, property taxes have more than doubled, most of which is due to having to increase school capacity, hire all those Spanish speaking teachers, and massively increase the police department, who actually have been fairly effective at bringing all the gangs/drugs/crime under control.
It seams that way cause we've been fucked for so long. 15-25 bucks an hour (actually 35) is what the real Minimum wage should be cause that is the COST of leaving and being self sustaining.
8 bucks an hour is a starvation wage that men/women have qualifies them for food stamps.
For those thinking it would increase the cost of a burger, you are forgetting that people spend roughly 100% of their income to live. That means if they have increased funds they will spend more.
THIS is the exactly OPPOSITE of "trickle" down economics and that is why IT works.
You don't think that is on management/ownership. You are a BIG capitalism cheerleader. Maybe take your business elsewhere?
Plus you hyperbole of how many times it happens is probably not true. I also go to high end restaurants and they mess up my order. The horror!!!!!!!!!!
Yes you are wrong in your thinking because you are not considering the impact on the franchise owner (take McDonald's as an example) and on the consequences of increasing his labor costs by 50%. Remember McDonald's stores are owned by franchisees (individuals), not by McDonald's Corp. They pay anywhere from $1-$2 million for the franchise.
After all expenses are paid, a franchise owner nets around $150,000 per year. If the owner is also the manager (makes around $108,000), then he pulls in $258,000 per year. This is not an unreasonable amount to make for a small business owner
Now his Crew Payroll is around $540,000 per year. Increasing employees pay by 50% (from $10/hr to $15/hr) increases his payroll to $810,000. This means the owner's payroll costs went up by $270,000. Now remember the owner is only making $258,000, so now he is losing money on his business.
Here is the link to the numbers I cited: http://www.mymoneyblog.com/mcdonalds...vs-profit.html
How will he go from losing money to making money?
1) Raise costs
2) Lay off employees and automate.
Now the other aspect that you are not considering is the impact on uneducated, poor black males. No one will hire them for $15/hr to flip burgers. They will be competing against other candidates that have more experience and/or education. They simply won't get hired because they are being forced to sell their labor for $15/hr when they would be willing to work for much less.
In the long run, they won't be able to get a starting job, earn experience and raises and eventually move up to better paying jobs.
Bottom line is that without a proper education (which the Democrats and Teachers Unions are incentivized to deprive them of) these poor black kids are even worse off with higher minimum wages.
“I have never made but one prayer to God, a very short one: ‘O Lord, make my enemies ridiculous.’ And God granted it.” -- Voltaire
"He who awaits much can expect little" -- Gabriel Garcia Marquez
Denmark McDonalds workers make $20 an hour.
The lowest bracket of tax in Denmark is 45%.
The "take home" pay for Denmark McDonalds' workers is $11 an hour. Keep in mind that a work week in Denmark is only 33 hours. So even if the McDonald's employee in Denmark works full-time(33 hours), their "take home" pay is only $330 a week.
Yep, the Danish McDonald's' employees are really bringing in the big bucks!!!!!
Also keep in mind that Denmark has a sales tax of 25%.