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Updated: April 12, 2013 6:02AM
Switch to FairTax rather than raise the minimum wage
President Obama wants to raise the minimum hourly wage from $7.25 to $9 over the next three years. That’s a 24 percent increase. A better solution is to pass the FairTax (H.R. 25/S.122). Today’s minimum wage earns $15,080 a year. Subtract $1,154 for FICA (Social Security and Medicare at 7.65 percent) and $533 of federal tax due. Ignoring state income tax, the take-home pay is $13,393.
Pass the FairTax and the minimum wage earner brings home the full $15,080. They get an additional $2,505 as a reimbursement for the tax paid on the basic necessities. That’s $17,585 take home — a 31 percent raise in one year!
Yes, the FairTax is a 23 percent national retail sales tax on new goods and services. According to the experts, the price of every U.S.-produced product we buy is 22 percent more expensive because companies embed the cost of the tax they pay in the price of their products, thereby passing the cost of corporate tax on to the consumer. Under the FairTax, the prices for products produced in the U.S. should drop an average of 15 percent to 18 percent at the wholesale level because the embedded tax is removed. Add back in the 23 percent national retail sales tax and retail prices only go up 5 percent to 8 percent.
So, increase the minimum wage 24 percent over the next three years and hurt small businesses or pass the FairTax and create millions of new jobs. Which would you choose?
James R. Donnell
Cameron Park, Calif.
Better to live a Christian life than take a chance on hell
In January, while I was ill, someone wrote to “Your Views” in the Post-Tribune that all churches should be closed. He gave an example of the Catholic priests who are abusing children. I am not of the Catholic faith, but I do want to say that I believe they were “that way” before going into the priesthood, just so they could be around children with impunity! Who would believe a child instead of a priest? Very few Christian pastors do such bad things compared to those priests. But what I want to say is this: You have no idea of all the good things every church does in this world. So much, I would not consider naming just a “few” things.
I am sure you are a non-Christian. You have no idea what it is to have God, Jesus Christ in your heart. But let’s say that our beliefs are wrong. When we die, there is nothingness, just dead. What have we lost? Trying to live a moral life, as free from sin as we can, and so much happier for it.
And just what if you, sir, are wrong? You are betting your life that there is nothing after death. There is a choice between heaven and hell, and if you are wrong you will be in the worst place you can even imagine forever. The Bible says there are two roads: one is narrow, and few will find it, that leads to paradise, and one is wide, and leads to hell, and most will find it. Which one are you headed to? As for me and my house, we will and have followed the Lord God.