Lower class competition killing social class

If you haven’t figured it out, the key problem with Americans wages is from stagnation due to an ultra competitive low wage/skill labor market.
There are a lot of causes for this labor environment, primarily:
>illegal immigration
>food stamps and other low income benefits like housing or subsidies
>payroll taxes and withholdings
>fraud and legal tax evasion
>propaganda for class/race warfare
>minimum wage laws
>demographics
>social programs for income and medical care
Let’s look at what created the middle class.
- Paying low skill jobs like factory workers at $5 for 8hr of work.
This was .25 the spot price of gold at time. 5 days of work netted 1.25 spot price of gold.
thehenryford.org/explore/blog/fords-five-dollar-day/
Todays spot price of gold is 1720.
If a American factory worker at say Amazon or Fedex were to be paid similarly they would make: $430 a day, $9,316 a month, or $111,800 annually. Not even the delivery drivers make anywhere near this rate.
- Pay roll taxes were also significantly less or non-existent. Federal income tax rate for the lower class wages was under 10%. State income tax varied with most States not implementing them till the 1930s.
Sales tax was only in West Virginia. Started in 1921 and was the only one till 1933. Other States slowly implemented with rates typically at 2-3% that remained stable till the 1970s.
Though modern pay roll taxes were around the W-2 tax form started in 1944.
- In 1943, The Current Payments act was passed. Up till 1935 with the social security act 1935. Workers saw a 1% withholding up to $3,000 annually. So the max a worker could pay $30 a year. Today $3,000 is worth $45,000. Social security max payment would be $450. You likely pay close to this amount or more each month, if you’re a W-2 worker.

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Other urls found in this thread:

taxhistory.org/thp/readings.nsf/cf7c9c870b600b9585256df80075b9dd/671f701c110a19d985256e430079173d?OpenDocument
fee.org/articles/wartime-origins-of-modern-income-tax-withholding/
irs.gov/irs-history-timeline
thebalance.com/the-history-of-the-pension-plan-2894374
h1bdata.info/
twitter.com/NSFWRedditGif

Keep in mind any of the taxes except for SS in 1936, were not paid or WITHHELD till the following year and paid in quarterly installments.
taxhistory.org/thp/readings.nsf/cf7c9c870b600b9585256df80075b9dd/671f701c110a19d985256e430079173d?OpenDocument
fee.org/articles/wartime-origins-of-modern-income-tax-withholding/
- The irs created marketing campaigns that appealed to emotions on patriotism. This was done to make the general public aware of tax filling and payments. The irs was created in 1913 and the first 1040 filling form was made in 1914.
By 1917, the irs started the marketing campaign likely because no one was paying them. They sent 4 men across the country to promote and convince the public the importance and patriotic duty of paying taxes in full. If you couldn’t tell, it was fucking useless so the government gave the irs the duty of enforcing its prohibition act as a scapegoat for the organization.
irs.gov/irs-history-timeline
The 1943 payments act, social security, we’re likely the only saving grace the irs had on effectively collecting taxes. See picrel on op. You’ll see the boom in revenue after the payments act.
So did low income wages really pay taxes prior? I’d assume the irs was not effective at all on income tax collection for lower and middle class workers. These workers likely had most if not all of their wages available as discretionary income!
- Next we have to look at benefits. Workers did not pay or have any withholdings (payments) from their paychecks. Benefits were paid or funded by the employer. For the most part this was for pensions and health insurance.

Bump

How does this relate to the nig spic cycle?

i think everyone already knows that beaners and pajeets coupled with massive tax burden on the middle class is what killed it

Okay, back in the good old days there wasn't a continent of 3 billion Asians willing to work for 1/1000 the spot price of gold in cities with electricity for factories and functional governments

Let alone that the overwhelming majority of immigration for the last half century has been unskilled and uneducated

If you think collecting less taxes from people's income is going to make them pay 250x more per hour for American factory workers you're insane and retarded

Health insurance from the 1920s was more like disability insurance for lost wages. It didn’t cover treatment. Americans paid for their treatments out of pocket. Not until WWII, during an ultra competitive workers market did health insurance start to take its modern form. Again the worker didn’t fund or pay for the plan, and these plans typically offered full coverage for treatments until deductibles and co pays we’re added much later on.
If you had any benefits that you had to pay for it likely came as a union due. You paid this out of your pocket not withheld! Mafia leadership excelled in unions as they could intimidate workers for dues. Which tactics the IRS learned and adopted likely from its prohibition experience. 1950s irs had a reorganization to change its image of the due to crime influence, which found the irs full of bribes and extortion.
Payroll withholding in any form for the creation and boom of the middle class pretty much didn’t exists and was very limited till the 1950s. thebalance.com/the-history-of-the-pension-plan-2894374
- The 1950s saw computers being implement to handle book keeping. This lead to many of the modern book keeping and tax reporting systems to be effective with collecting tax and social security payments. Again you’ll see a huge spike in the op pic. We put it on steroids with swift and ach and more modern tech in the 1990s, which, made it virtually impossible for most w-2 workers to not have any of their wages withheld.

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If you eliminate the unfair advantage that social benefits and welfare, along with tax evasion. Also force ordinance laws not allowing 15 people in a 1 bed apartment.
Illegals would have no labor advantage besides under cutting their wage.
Black wouldn’t be a burned on tax payers so they would either have to join the work force or go homeless.

H1b workers have withholdings. These are also not considered low skilled jobs.
You can’t out source everything. Pay would be relative to cost of goods locally. But the lopsided advantages for low skill wages is what is holding everything down.
You could say India (typically paki) gas station and corner stores but those guys are not h1b workers. They immigrant's typically with a bunch of grants and subsidies.

>Blame it all on wagies, spics & niggers argument

The regulations you're shitting on were passed because corporate owners didn't want to install things like fire exits in factories. After to many people literally died *and* all the protesting from *unions* congress had to pass laws

So corporations got together and ended all that unionizing crap because it started affecting the bottom line.

People that get on social benefits & welfare literally can't stay on it for any longer for a certain period of time. Never mind the largest benefit of these welfare programs your shitting on are children....nor the fact that it can barely afford you anything.

Corproations have ran this country for the last decade, but no...its the illegals making $6 per hour and Jamal's $187 food stamp monthly stipend

keep drinking the kool aide, maybe you'll see the light

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