Financial Friday - $20 Min Wage & Tax Breaks

The Real Power Family Radio Show · Apr 19, 2024 · 1h

Financial Friday-$20 Min Wage & Tax Breaks

What are the unintended consequences of an artificial minimum wage? People who do not provide enough value lose their jobs. Business owners must use more automation and outsourcing. These job losses far outweigh the benefits of making more money for most people, especially the ones who lose their jobs. Unfortunately, after the law is passed, it is illegal to hire a person back, even if they say I would rather work for $15 than lose my job.

Why are people still trying to “Work hard & Earn Money?” You pay more taxes on earned income than any other type…