I am aware. That financial release is from Yum Brands, which owns Pizza Hut. The franchise owners have to pay Yum Brands to be a franchisee.
None of which changes the fact that this event is a result of corporate greed. If Yum wasn’t so greedy, the franchize owners could afford it. So as a whole, as an entire organization they are quite capable of paying a $20 wage. But they aren’t, because of greed.
Umm… no. They couldn’t afford it and got rid of the employees. Businesses are not charities. If the employees created 20 dollars an hour in value, they would have been kept. They didn’t. So they will be let go. Laws have consequences
So you are fine with non minimum wage like Denmark? You are also fine with almost no full time workers like the McDonald’s in Denmark ?
You’re also fine with those wages being taxed at a much higher rate on those workers?
Pizza hut corp is not the frachisees. Its stupid, and greedy, but the franchisees are fucked in this situation.
I am aware. That financial release is from Yum Brands, which owns Pizza Hut. The franchise owners have to pay Yum Brands to be a franchisee.
None of which changes the fact that this event is a result of corporate greed. If Yum wasn’t so greedy, the franchize owners could afford it. So as a whole, as an entire organization they are quite capable of paying a $20 wage. But they aren’t, because of greed.
Umm… no. They couldn’t afford it and got rid of the employees. Businesses are not charities. If the employees created 20 dollars an hour in value, they would have been kept. They didn’t. So they will be let go. Laws have consequences
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You realize the rate was never really used? The amount of deductions were much greater back then. In effect you’d be giving them a huge tax cut.
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https://www.usatoday.com/story/news/factcheck/2022/05/09/fact-check-viral-post-exaggerates-tax-rates-under-eisenhower/9588111002/
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No. We’d collect less money. We have one of the highest rates in the world.
I think stories should be linked as bibliography for content in comments.
That comment would be better with a link and the relevant thesis either quoted or articulated by you.
I am not suggesting that they be charitable. I am saying that they ought to pay a living wage, the bare fucking minimum.
They are. That means eliminating positions that don’t justify the wage.
https://www.businessforafairminimumwage.org/resource/research-shows-minimum-wage-increases-do-not-cause-job-loss
In this case it did. They can outsource it cheaper. So they did.
Bullshit. Mcdonalds pays ~$22/hr in Denmark. If they can afford it there, they can afford it here.
Inb4 anybody bitches about firings: https://www.businessforafairminimumwage.org/resource/research-shows-minimum-wage-increases-do-not-cause-job-loss
Inb4 anybody bitches about inflation: https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp
https://www.businessinsider.com/aoc-mcdonalds-workers-denmark-make-a-living-wage-15-compromise-2021-3?amp
Thank you for the additional evidence to prove that the idea that a wage hike to $20/hr is quite possible.
The number of people around here licking the boots of the rich is ridiculous.
You sound silly when you say bootlicking.
So you are fine with non minimum wage like Denmark? You are also fine with almost no full time workers like the McDonald’s in Denmark ? You’re also fine with those wages being taxed at a much higher rate on those workers?
Are you capable of having a conversation without attempting to put words in people’s mouths?
Who do liberals make things up and whine so much? I asked you a question. Not sure why you find a question mark so confusing.
As the article points out, the employees are mostly PT, they have no minimum wage and they pay about 35% in taxes.