Laundering the Minimum Wage

(6:19:35) Fri Dec 20, 2013

Laundering the Minimum Wage 
More Taxes; I mean, Revenue Enhancers!

The latest movement and marches protesting Walmart and demanding higher wages is a preemptive attack by DEM supporters to mitigate another harmful side effect of ObamaCare which decreases full-time employment from 40 to 30 hours while at the same time increases health insurance premiums and deductibles. ObamaCare is going to crush buying power. Before this all hits the fan, wages have to be increased so that the lost buying power can be blamed on big business and not greedy politicians or the Obama Plan, once known as HillaryCare.

The other side of this coin reveals new taxes, fees, and regulations being created and laundered through something the people want, higher wages, but dont fully understand. Raising the Minimum Wage will have a snowballing effect on product cost. The end result is a depreciated dollar with less buying power. However, the politicians rake in more money because regulatory and tax revenue is percentage based.

Democrats pushing for the higher wages are also fooling their own members by not warning them about the higher tax brackets they will be shifted into. Making more dollars means paying a higher percentage. A depreciated dollar means lower effective personal deductions. Seniors get hurt the most as retirement and pension plans are not adjusted to compensate the plummeting dollar.

This is a multi-pronged nightmare; fully illustrated in the latest Commodity Laundering video by OstrichEyes.com :: Laundering Taxes. Help spread the word. It’s going to be brutal.