I've got a brain running a mile a minute...

[badnovels]

[captaincardboardbox]

[howlermonkey69]

[dankmemeuniversity]

[weirdlandtv]

Japanese artist, Ichiro Tsuruta (1954).

[inaminadikaaa]

[liberalsarecool]

People need to understand that their taxes going to pay for their Medicare is so much better than paying taxes and getting no health care.

Imagine never having to worry about medical bills or going bankrupt, losing everything.

Is there a value to that?

[politijohn]

Today I learned the IRS doesn’t audit rich people because it’s too much work.

[homofied]

[noooofeeeeelings]

[tonysopranobignaturals-deactiva]

lgdkdjsjdhasgkdgdss

[crunchbuttsteak]

Minimum Wage should be indexed to 2% of a city’s median rent.

And here’s why:

Housing costs are the single biggest financial burden facing Americans today.

The Department of Housing and Urban Development define being cost-burdened as spending more than a third of your income on rent. By that definition, over half of the households in this country are cost-burdened. Source

If we want people to be able to afford to live in cities and not get priced out, we have to make a two pronged approach. One is to build houses towards all incomes and price ranges, not just luxury condos. And the other is a robust wage floor so people can actually afford to live.

Fight for 15 is doing an amazing job and I love them, but we have to realize that is quite a few places, $15/hr still isn’t enough to live on.

Which is where the 2% comes in. It allows a minimum wage that is flexible with regards to the costs of living.

And it wasn’t plucked out of thin air either:

Rent should be a third of a persons income, or to restate the equation: income should be three times a person’s rent.

And since a full time job is 8 hrs a day / 40 hrs a week / 160 hrs a month.

So when you do the math, the ideal hourly minimum wage as a percentage of rent works out to around 1.875%, which for ease of calculation is 2%.

[crunchbuttsteak]

Example minimum wages under a 2% rent rule:

San Francisco: $67.40/hr

New York City: $56/hr

Boston: $55.94/hr

Los Angeles: $27/hr

Houston: $21.38/hr

St. Louis: $18.22/hr

Billings, MT: $17.16/hr

[medusasstory]

I. That puts San Fran’s cost-of-living issue into perspective. 

[dredsina]

Seattle, which has $15/$16 min wage: $40.14

[hall--o--ween]

[odinsblog]

Just to make sure I have this absolutely positively correct: big time greedy DNC donors—not Russia—are going to support Trump in 2020 if they don’t get a corporate bootlicker, someone like Joe Biden, who they know won’t rock the boat (because Biden has already promised wealthy donors that “nothing would change” if he is elected).

I .... are we .... is anyone supposed to be surprised by this?

Corporate Democrats, Clinton Democrats, Third Way centrists, “No Labels” neoliberals, or whatever tf they’re calling themselves, they all need to GTFO.

[dreamilypurpleoutcast]

[millennial-review-deactivated20]

[strengthins0lidarity]

Because clearly capitalism isn’t working.

[dankmemesreasonforliving]

[dankmemesreasonforliving]

[dankmemesreasonforliving]

[liberalsarecool]

Zero fewer billionaires and millionaires, and because of wealth not being hoarded by the rich and given to consumers in a consumer economy, there will be more billionaires and millionaires.