In my youth, new businesses were accepted to run in the red for five years before making a profit. small businesses were expected to make 40% profit off of their business. Over the decades there is a widening disparity between cost of living versus earning power. Gratuities or tips were never factored in with wages; it was a side benefit for the employee and in some cases for the employer. Today we can consider wages as slavery; slave wages or plantation extortion (Company stores). This imbalance leads to houseless people unable to sustain themselves. Consumers pay the taxes and fees for businesses which lower their overhead costs and responsibilities.
Posted on: Fri, 09 Aug 2013 02:08:33 +0000
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