Investors lose a trillion dollars in one day

[Danzig]

Originally Posted by Clip-Clop

It might be more than most will make, but in major cities in this country where living expenses are very high as well as taxes (property and income) it's just enough to "live comfortably". For me this includes a wife, a home, two cars and two dogs.
There certainly should be a way to help small business out while not burting them under the same rules as large businesses. Smaller ones (like my own) cannot afford to hire teams of accountants to do our books the way they need to be done to not pay double, even triple if you factor in my portion of my employee taxes.

yeah, i know cost of living is a huge factor. that money here would go a lot further than in la, ny or the like. it's why i don't understand the point of having a national minimum wage-what works fine in some areas isn't worth spit in others. also why i think much of what the fed handles should really be done on a state basis-instead of the fed acting as some kind of clearing house for money. they take the money in, and then parcel it back out, with cali being the biggest recipient of medicaid dollars by far, and corresponding high fraud to go along with it.