Today, millions of people will punch in for work at honest, simple, yet often-times challenging jobs in retail, restaurants, industry, and other places around the economy. They will be paid at least $7.40 per hour, as the Federal government mandates. They will be taxed at what the talking heads tell us is a reasonable rate. They will then, through a Rube Golberg morass of paperwork, "file their taxes" sometime next year, probably in February, March, or April, after the Internal Revenue Service mails them their W-2 forms. In the meantime, the Federal government will have held their money for the better part of a year - to say nothing of the taxes they paid in January, February and March, which will have been held for even longer. Even a bank would pay a tiny fraction of a percent of interest. Many investments pay even more. The Federal government will pay no interest whatsoever, and indeed, will deny these people, who work for a living, the use of their money. The Federal government will use this money for purposes ranging from the legitimate - the public defense and the several Constitutional things the government still does - to the ludicrous. This is a travesty and this practice, which denies an individual the use of their money that the government has no need of, and indeed, is planning to simply refund them, should be abolished.
A related evil is minimum wage, a grossly unconstitutional limit to what an employer can pay an employee. Minimum wage creates generational poverty by systematically locking inexperienced workers out of the best possible source of practical education - a job. The reckless and dangerous argument that minimum wage should be increased will only compound this problem. All work has dignity, and individual people should have the chance to work at whatever the best rate they can negotiate is. If it is below $7.40 an hour, then it is better for someone to get a job and work their way up then to languish on the patchwork of public assistance programs that the liberal establishment has cobbled together.
No comments:
Post a Comment