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Dear IRS I somehow lost all my paperwork for the last 7 years, but I can assure you that everything was completely truthful on my tax returns. There is not a smidgen of corruption in my business affairs. Thank you for being so understanding.
In response to:

Detroit Broke City

sooke Wrote: Aug 02, 2013 2:14 PM
Eliminating the minimum wage would work wonders but is politically impossible. Even in Spain and Greece, where youth unemployment is over 50%, there is still a minimum wage.
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Detroit’s High Property Taxes

sooke Wrote: Jul 29, 2013 10:02 AM
So if you buy a house in Detroit for $100, your annual property tax is $3.30?
The solution is simple. Eliminate the minimum wage and deny benefits to those who refuse job offers. These young people need jobs - any jobs at any rate - to regain their self-respect. They need to have hope that their entire lives won't be spent on the dole.
The solution is simple and requires no expenditures. Eliminate the minimum wage and deny benefits to those who refuse offers of work.
The reason youth unemployment is so high is because there is a minimum wage. If that was eliminated, wages would fall until supply met demand. Falling wages would undoubtedly cause hardship for those already working, but would be offset by a lower cost of living. Other benefits of eliminating the minimum wage - an increase in tax revenue, less crime, and a smaller underground economy. Singapore has no minimum wage. It also has a per capita GDP of $61,000 - far higher than most of the European countries mentioned above.
In response to:

Spain: A Very Different Fiscal Crisis

sooke Wrote: May 26, 2012 6:42 PM
Spain's unemployment rate for those under 25 is about 50%, yet there is zero interest in lowering or eliminating the minimum wage. What a tragic waste of human resources.
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