(August 31, 2014 at 10:34 pm)Drich Wrote: Profits of the company are not the entitlements of the employees. Profits whatever they maybe are for the planning and ensuring the company's future. So that everyone who is employed gets to keep their job. If people want to earn more money they should work for it. Taking the tax off all overtime would be over a 50% increase in their current pay rate. This increase will be far more than any governmental demand for a minimum wage increase.
Your assertion that business tax relief will result in a commensurate increase in employee wages is delusional.
Labor rates are suppressed because businesses aren't in direct competition for low skilled labor, they are in competition with destitution. Mistaking what their competition is for labor allows employers to turn a blind eye to the fact that they work humans full time in exchange for a pittance that can't cover basic necessities. It's criminal and you try to defend the position with the same tired 'work harder' canard.
You keep mentioning overtime. Why should anyone have to work overtime to provide for basic necessities?
