Big Businesses and Corporations

 

One of the biggest problems in our society is that big businesses and corporations don't do their part.  Republicans support the wealthy and finding ways to help the rich stay rich.  Democrats are more focused on the people and ensuring their welfare.  The thing is that both parties could be doing more to help corporations support their people with policies that can benefit everyone.  Republicans don't care about the working class any more than Democrats care to help businesses support their people.  Both parties would benefit from a change in strategy to find ways that everybody wins.   Republicans can find ways to help people at the top by finding cost effective ways for them to adequately support their employees.  Democrats could shift their focus from using taxpayer money to coddle the public and can also find ways to help people at the top support their people.  Everyone wants to help the top or the bottom, but nobody wants to help the middle.  We can fix things by writing policies that benefit everyone.  For example, Democrats want corporations to pay taxes while republicans don't think that's necessary.  A good compromise would be that a business could eliminate their tax liability IF they pay all their employees a livable wage and provide benefits that people could actually use without exorbitant costs associated with it.  To further help businesses, finding ways to get health insurance premiums down with little to no out of pocket costs to employees - would be another act that congress could be doing.  This would help businesses and their employees save money and have adequate access to healthcare.  A change in strategy is needed and it will take ALL of congress to do it.  It's not just one party or the other.

Some may not like what I have to say below, but I think it's important to share my perspective on what I see happening in our society.  Not all industries have the same needs and I can't speak for each individual industry.  I do think there are reasons why people aren't working and I see many things that could make a workplace more appealing to people.  Every industry is different when it comes to flexibility, however, there are always ways to enhance the lives of people who work for you.  Coming from primarily office environments, I have a lot more work flexibility than people who work in fields like nursing, retail, teaching, etc.   It is 2022 and people have different needs than what the workplace once looked like.  Change is needed and I am very blunt about my thoughts on what needs to change.   

A lot of my ideas in this section and other tabs are based on how little I think businesses support their people.  While I do think that the wealthy should pay a minimum tax, I would support businesses not having to pay tax at all - if and only if they truly support their people.  In other words, they shouldn't be able to write off certain expenses if their deductions don't meet certain criteria.  If a minimum tax is implemented, then taxes would be paid by the individual who is paid by the company.  (the thing the middle class does already, but the elite don't)  So just because the business isn't paying taxes, taxes will still get collected down the line.  This would be an incentive to a business for taking care of their people so the government wont have to down the road.

I have a lot of friends who are small business owners and I want to be clear that most small/growing businesses should continue to be exempt from these ideas.  If they are in a position to do these things, then they most definitely should try to do it.  If not, then they shouldn't have to.  This mostly applies to businesses who take in plenty of profit, but prefer to live in luxury at the top while their employees scrape by.  

 

Some things everyone should think about:

 

  1. We have 24 hours in a day.   We sleep 8 hours each night.   We typically spend 9 hours at work if you include a 1 hour lunch.   That means you have 7 hours left each day to other things.  This would include preparing meals, taking care of children, commute time, shopping, cleaning, etc.  The first thing to think about is how much time is given away to employers.

  2. Commute – People pay and spend time going to and from work each day.  Most aren’t compensated for the time or expense associated with their commute.  A gain for the employer and a loss for the employee.

  3. Education – many employers require some form of education to obtain certain jobs.  Why aren’t they the ones paying for student loans?  They are the ones who require the degree.  People immediately lose money when they start a job and they have high student loan payments.  Was the degree even worth it?

  4. Benefits – visit copays, deductibles, prescription copays, premiums.  It all adds up.  Significant amounts of money is lost on what is referred to as a “benefit.”   Can you even call it a benefit?

  5. Salary Increases – some people get small increases or no increase at all.  Inflation goes up every year.  For many people, they are likely getting paid less now than when they started.   That's a slap in the face.

  6. Breakfast/Lunch – some employers will provide a meal once in a blue moon or on a special occasion.  People have to take what little time they have available to prepare their meal and/or go out and pay for it.   This 30-60 minute lunch is time technically still dedicated to the company.  People can’t stray too far otherwise they fear getting in trouble for being late from lunch.  Don't upset the warden.  

  7. Children – parents and children are robbed of their time together each day.  Some parents are now able to work from home.  This saves them money and gives them more time with their kids if they want it.   If an employer can’t put a childcare center onsite, perhaps they should be helping pay for childcare.  After all, the children are sacrificing time with their parents so that employers have to people work for them.  Still wondering why some parents are choosing to stay home?  It isn't worth working just to pay for childcare.   

  8. Time off/Flexibility – people shouldn’t have to feel guilty for asking for a little time off.  If someone asks for a long lunch, give them a long lunch.  Don’t make them say it will be 2 hours when there is a chance it could end up being 3.   It is stressful trying to rush to get back by a certain time and fearing they might lose their job for being late.   Stop making people feel like you own them from 8-5.  Some jobs can’t accommodate these situations and that is fine.  You have to find ways to get creative like in the childcare scenario. 

  9. Pay rate – so many employers operate in cities where they pay well below what it costs to live in that city.   A rule of thumb is that people typically need to make 2.5 to 3x the rent in order to lease an apartment.   If people don’t make at least that, then they may as well not work if they can’t even afford a roof over their head.  Why should they waste their time and money to commute from a distance?

  10. Minimum wage – minimum wage is just that.  If you pay that much, you are literally doing the minimum.  You’re a slave owner at that point.  If you could get away with paying lower – you would.  The minimum wage shouldn’t need to go up significantly, employers need to pay above it.  The only exceptions would be small businesses like restaurants or jobs that high school/college kids would take to obtain experience.  Even then, you should still try to pay over the minimum if you can.  

 

People are losing time and money by working for these companies and they are sick of it.  They are fed up and don’t care to return to their 8-5 prison where they pay to work.  There isn’t a labor shortage.  There is a shortage of jobs that actually care about peoples livelihood.  Where is the trade off?

So many support capitalism and it is in fact the logical choice that makes total sense.  But unless you're wealthy and/or own a business, you don't benefit from it.  It is time to start making sure people benefit from it before we really do turn into a socialist country.