Thursday, January 25, 2007

Minimum Wage - HIKE


Ok, here's an idea. We start a voluntary tax fund, where everyone who clears over $1,000,000 in a year voluntarily pays 20% into the WAR (Working American Reward) Fund. We then sign up companies like Popeye's Chicken, McDonalds, Burger King etc... (typical minimum wage employers) to participate in the distrubution of the money. The WAR fund payments would be a supplement to what the companies are already paying their employees and is distrubuted tax free. It would take a $7.50/hr job and jump it to $10 or $12/hr. The additional money would be used to further stimulate the economy.

With all of the rich Democrats in Hollywood and California etc... we could create a registry of who is participating in the Fund and who is not. We would cross reference the list with which political party they support.

This solution targets bi-partisan objectives by helping the working poor (democratic priority) without un-fairly taxing the people (a republican value)

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