twostrokenut
Well-Known Member
Maybe because they're more McCapitalist in Denmark than we are here in the US. Their corporate tax rate is almost half ours at 22% which would allow them to pass this off to the customers and the workers when they bargain for their minimum wage.how come big macs in countries that have a much higher minimum wage aren't much higher, if not cheaper, than they are here in the us, where we have a much lower minimum wage?
https://www.statista.com/statistics/274326/big-mac-index-global-prices-for-a-big-mac/
http://www.politifact.com/truth-o-meter/statements/2014/sep/26/facebook-posts/do-other-countries-have-higher-minimum-wage-united/
denmark, who has a minimum wage almost 3x's that minimum wage workers in the us get paid, yet, the price of a big mac in that country is $4.44, compared to the price of a big mac in the us, $5.04..
so, to answer your question about keeping the big mac price where you might like them to be at, i'd suggest maybe moving to denmark, where you can get a minimum wage job paying 3x's that of an american minimum wage worker, and still save $.60 per burger..
I like this new EU comparison. Denmark has no min wage and the EU has no mandated min wage either. You're talking about a state of the EU, Denmark. So you're argument is that the US should abolish min wage laws and let states compete, set their own corporate rates and wages. I'm all for it. We have a right to travel unlike the EU so this experiment would work well.
With the min wage gone in the US I can pay my employees in silver. One constitutional dollar per hour. Then they can file taxes on $2000 per year and save even more capital.
I love your idea.
Last edited: