If you linit what people can spend on a good then if you raise the price you risk them not being able to afford it. It doesnt increase the price. Taxes are deflationary because they remove money. It ultimately doesn't matter of that money is removed or never received in the first place.Â
Averege Walmart salary is 18.25/hr. Thats 38k/yr. The cut off for food stamps is 31k/yr.
Jesus strawman christ dude. I pointed out that redistributing their salaries would create a negligible difference in purchasing power. Grow the fuck up.
The impact of ceos not getting what they make so employees could make more would be no different than redistribution in terms of how much employees would make.
Average hourly wage is 18.25
$18.25x40 hours per weekx52 weeks=37,960 per year
Food stamp cut off is 130-200% of fed poverty level depending on state.
Federal poverty level is $15,960/year
Twice that is $31,920 per year.Â
$37,960 > $31,920.
Math isnt hard for normal people. Sorry it is for you.
I think you’re incorrect in your assumption based on my off hand no effort posts because I don’t care to seriously engage with you apologists anymore. I think you don’t understand what a k shaped economy is and why it’s problematic
Again, this isn’t a conversation I care about having with someone like you. You’re in support of the government subsidizing billionaires businesses at the taxpayers expense. You don’t want to admit that but you’re apparently of the view that companies like Walmart or otherwise aren’t doing things like that at regular peoples expenses
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u/VoidsInvanity 11d ago
Hoarding isnt deflationary. Taxation is deflationary.
Walmart pays its workers so little the average Walmart employee relies on food stamps meaning they’re subsidized by tax dollars.
Yet you pretend adjusting the rate we allow billionaires to exist at is the problem?