Search Query: minimum wage

Search Results

You searched for "minimum wage" and here's what we found ...

There Is No Federal Solution

by
The twentieth century in the United States can certainly be characterized by the massive increase in federal solutions to right every wrong, correct every injustice, and fix every problem, real or imaginary. This mentality is what gave us things like the New Deal, Social Security, Prohibition, the Fair Labor Standards Act, the Civil Rights Act, the Fair Deal, the Great Society, the War on Poverty, the War on Drugs, Medicare, and Medicaid. Unfortunately, much of this is still with us. With the coming of the COVID- 19 pandemic in 2020, the 50 states reasserted themselves as problem solvers, but not in a good way. Governors, mayors, county commissioners, and city councilmen enacted draconian lockdowns, quarantines, face mask requirements, the closure of “unessential” businesses, bans on indoor dining, the closing of schools, stay-at-home orders, contract tracing, curfews, capacity limits on stores and restaurants, the canceling of concerts and sporting events, social distancing requirements, prohibitions on weddings and funerals, vaccine mandates, and ...

Your Social Security Increase Just Might Be Taxed Away

by
Social Security recipients got a nice benefit increase this year, but according to a report by The Senior Citizens League (TSCL), “Almost half of all households that receive Social Security benefits might pay taxes this year on a portion of their benefits.” This raise and the possible reduction in benefits reveals the true nature of Social Security. The Social Security program provides monthly benefits to retired workers, families of retired workers, survivors of deceased workers, disabled workers, and families of disabled workers. It is funded by a 12.4 percent payroll tax (split equally between employers and employees) on the first $147,000 of an employee’s annual income. Self-employed individuals pay the full 12.4 percent but receive both a reduction in their net earnings from self-employment and a tax deduction equal to 50 percent of the amount of the Social Security tax they paid. One must pay Social Security taxes for a minimum of 40 quarters, or 10 years, ...

The Libertarian Brand

by
While U.S. presidential elections are held every four years, U.S. senators serve a six-year term, and members of the U.S. House of Representatives are elected every two years. A midterm election is an election where the entire House of Representatives and one-third of the Senate are up for election, but the president is not. These elections always occur two years after a presidential election. As they gear up for the midterm elections in November, Democrats have three problems: a historical problem, a retirement problem, and an image problem. The Democratic brand Historically, the political party of the president does poorly in the midterm elections. Since 1946, the average midterm loss for the president’s party is 25 seats. Democratic presidents Harry Truman and Bill Clinton both began their first term with Democratic majorities in both Houses of Congress, only to see Republicans take control after the midterm elections. Republican president Dwight Eisenhower likewise began his first term with Republican majorities in both ...