I have a feeling there might be some disagreement about this.
So, what if the average woman in Australia earns $300 less per week than the average man.
That statistic fails to take in account the hours worked. In fact, the average Australian Joe Blow works almost twice as many hours as the average Jenny Blow, according to data HILDA, the Household Income and Labor Dynamics in Australia survey.
Since he’s putting in twice as many hours, I hope Joe Blow would earn far more.
In fact, the wage gap hasn’t much to do with discrimination, or conservative governments trying to keep women in their place.
Differences in the way men and women behave in the workplace largely determine how much they earn.
Women are more likely to balance income with a desire for safety, fulfilment, flexibility and proximity to home.
These lifestyle advantages lead to more people competing for jobs and thus lower pay.
Women are making choices. Yes, these choices are constrained by their family responsibilities. That’s the reason they work those shorter hours and seek the lower paid, but more flexible work closer to home.
“And shareholders should pay taxes on income. Everyone else does. They aren’t special.”
Shareholders are the owners of the corporation. All of the assets already belong to them. If you levy a tax on the corporation’s profits, and then turn around and tax a dividend, you are taxing the owners twice.
#21, Mike
Shareholders are the owners of the corporation. All of the assets already belong to them. If you levy a tax on the corporation’s profits, and then turn around and tax a dividend, you are taxing the owners twice.
Comment by Mike — 10/16/2006 @ 3:35 pm
You have been reading too many economist tracts from wing nuts again.
If you take the money, it doesn’t matter if it was by direct salary, wage, commission sales, gratuity, or dividend. Your investment, be it labor, capitol, or a combination has been returned to you as an earning. All earnings are taxable under Federal law and in most states and even a few local municipalities.
The double taxation argument is complete bull. I pay income tax on what I earn. Am I supposed to just sit on my money and not live? I have to pay tax on the fuel I use to get to work so I can also be taxed on what I earned. In a car that was also taxed. Wearing clothes and shoes that were taxed too. Then I sit at a desk that was taxed. Once at home, I pay property taxes with whatever is left of the money that has been repeatedly taxed. Then I have this new tax from the county to pay for recycling.
Double taxation? Ya, right. And the world owes you a living too.
#22 “You have been reading too many economist tracts from wing nuts again.”
Actually, my second semester college accounting class (God do I cringe at the idea of ever being an accountant BTW) showed many of the details of this. I’m sure a couple of my economics professors would have enjoyed being called wing-nuts though
And one small correction for you because I just can’t help myself: a shareholder investment is not capital.
A little story…
After years of working in retail,
My handicap started to get ugly, and I asked my boss’s to cut my hours.
I asked for 32 hours or less..
Insted of giving me an extra day off, they made it a 5 day spread.
I asked for more time off and if i could get the extra day…Nope…
5 days 4-6 hours per day…
they WOULDNT give me the 3rd day off, and they wouldnt Hire another person to fill in…
I got hurting so much, I gave my notice, 3 weeks, i would be gone.
After 2 weeks, the assist manager asked if I REALLY wanted to work the next week. i said not really.. I quit, HE quit and 3 others went out..
For those in the know…it was Nov 1, christmas season… got my Pay, my vac. pay and a small severance, figured about 6 weeks pay of about $1200….didnt last long either.
In Australia they don’t say “Joe Blow” they say “Joe Bloggs”
she’ll be right, mate