Yes, I get that income inequality is a big deal and should be discouraged/fought against. But what does subsidizing other businesses do to directly combat income inequality? You've said elsewhere that some fast food places are offering $19/h wages but it doesn't matter because you can't live on anything close to that in the area. If the government steps in and keeps those businesses afloat by allowing them to offer even higher/livable wages, that won't magically cause living costs to go down. If anything, they'll go even further up.
You had better pay your guild dues before you forget. You are 113 months behind.
You're right- subsidizing by itself doesn't necessarily fix things: taxing the entities that are holding the most wealth and then subsidizing with that money can. Right now, we're having a hard time just keeping restaurants open during lunch hours in SF because there's not enough business. It makes it hard for restaurants to stay afloat (and it's already really tough for restaurants to stay afloat in general)
There's also a difference between counter help and severs. Servers will generally make far more than $20 an hour, but they can't get a job for a lunch shift if the restaurant can't afford to be open during lunch. Being able to pick up some extra shifts may be the difference between being able to live in the city you work in or having to live 40 miles away.
Ultimately, though, you're right that this isn't a magic bullet. (just to re-emphasize here- I don't think the proposed law is a good one) It's not like we'll solve systemic income inequality by targeting this one small slice of it. But it's a start.
What really needs to happen is we need to start taxing top income brackets at the rates we used to, and we need to outlaw stock buybacks again. Those two issues are the biggest drivers of income inequality right now. The Bay Area is just feeling the consequences more than most areas because it has a ridiculously large number of millionaires and a significant slice of the population is compensated with equity.
So this already happened. The tech companies used to provide free lunches, but the IRS ruled that it was a taxable fringe benefit. So if they charged $0.01 for lunches, they'd either need to provide a lunch that actually costs 1 cent to produce (gross), or the difference between the actual cost and what the employee pays would be taxable.
Originally Posted by Patrick McGoohan
Hey Cuntstein, you know you'd be thrilled if the government somehow got to dictate how much they charged people for lunch.
Ah I see. This makes much more sense.I said I supported the sentiment of the law. i.e. "Thoughts and prayers" but literally nothing else because all I do is provide lip service while being a gigantic hypocrite in pretty much every way possible.
Last edited by Methais; 07-26-2018 at 01:29 PM.
I think you're arguing something that's separate from what the rest of us are arguing. We're not talking about income inequality, we're talking about a business being forced to subsidize smaller businesses who can't compete. If you open a pizzeria in a place that has a bunch of other pizzerias, you better have some damn good pizza otherwise you'll go under. Likewise trying to open a vegan place in Satan's Butthole, AZ (population 15), or a small general store next to Walmart. If you can't compete, you go under. That's especially true in the restaurant business which has fairly small profit margins.
This is where the confusion comes in, because the sentiment of the law seems to suggest larger businesses need to support smaller, competing ones.
Last edited by Taernath; 07-26-2018 at 01:57 PM.
You had better pay your guild dues before you forget. You are 113 months behind.
I got you a present:
https://www.gop.com/activate-your-membership/
Let me be the first to welcome you into our fold, you dirty reformed hippie.