2007-12-16 12:21:00 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
huh?? the minimum wage in california is $6.75... and it depends on how many hours per day/week/month you are working. how can we possibly calculate it for you??? gross and net? just minus annual tax from what u earn.
2007-12-16 12:27:03 · answer #1 · answered by Kevin 4 · 0⤊ 0⤋
The minimum wage should not be raised to a 'fair level' (completely subjective?) because those workers who are not productive enough to justify the set wage would not be able to justify to their employers their employment any longer. What makes you think that you can just improve living standards overnight by just passing a law? Higher living standards can only come through new more efficient innovations which make workers more productive and efficient, the best way to do this is to allow free markets to work, but it won't happen overnight. Reforming bureaucratic gov't regulation will help, also reducing taxes and spending would be a good idea.But seriously, the minimum does exactly the opposite of what it's supposed to. The minimum wage is supported by the bleeding-heart unions to protect their highly skilled workers from competition from lower skilled workers. It's that simple.
2016-05-24 06:41:40 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Minimum wage is specified as gross only. There is no net minimum wage anywhere.
2007-12-16 12:30:30 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋