Episode 208: “Wage”ing War

This week we talk about the opinions and statistics behind increasing the minimum wage, in addition to various government taxes, such as state, estate and small business taxes

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Quick Hits

Chick-fil-A

https://www.foxnews.com/food-drink/south-carolina-chick-fil-a-manager-covid-19-vaccine-drive-thru

Dodger Stadium

https://news.yahoo.com/dodger-stadiums-covid-19-vaccination-233339650.html

Foolishness of the Week

Impeachment 1

https://www.nytimes.com/2021/01/30/us/politics/trump-butch-bowers-impeachment.html

Impeachment 2
https://www.cnn.com/2021/01/30/politics/butch-bowers-deborah-barbier-trump-impeachment-team/index.html

Topic of the Week

The War on Small Businesses
https://insidesources.com/the-war-on-small-business/

Minimum Wage Costs 1.3 Million Jobs
https://reason.com/2019/07/08/cbo-says-15-federal-minimum-wage-will-cost-1-3-million-jobs/

List of Minimum Wage Peer-Reviewed Research
https://drive.google.com/file/d/1fbSTGYQP5ObsEMjgbDWB2W8pgz64XZS5/view?usp=sharing

The Economics of the Estate Tax

https://drive.google.com/file/d/1SrMWCAq-HfJdRGBjjQ7kr-KMTGlJjKvX/view?usp=sharing

Survey of Businesses Owners on the Effect of the Estate Tax
https://journals.sagepub.com/doi/10.1111/j.1741-6248.1996.00303.x
Union Contracts Tied to Minimum Wage
https://www.forbes.com/sites/edrensi/2017/01/19/why-it-is-that-unions-fund-the-fight-for-15/

States to Tax Stimulus Loan Forgiveness

https://advocacy.sba.gov/2020/11/03/some-states-may-tax-forgiven-ppp-loan-proceeds/

IRS Targeting Small Businesses

https://www.cpapracticeadvisor.com/tax-compliance/news/21205514/irs-expected-to-audit-more-small-businesses-in-2021

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