Minimum wage

[ECU]

OK, now how much of that $40 or $36.70 will be taxed. The business and the server.
You could round down to 25%. ($9.18).
So out of your $40 transaction, government gets at lease $12.48.

 

[gas_sprinter]

I have 2 buddies own the (small) businesses here in WA state, both mentioned the amount of taxation on the middle class small business is crazy here while they cut deals with the big corporations, which we have plenty here in WA state.

 

[gas_sprinter]

OK, now how much of that $40 or $36.70 will be taxed. The business and the server.
You could round down to 25%. ($9.18).
So out of your $40 transaction, government gets at lease $12.48.

Ditto

 

[MTGJR1]

I am thankful for this great nation because I was part of the "25" growing up and have since moved much beyond that point as an adult.

Not familiar with this concept.

 

[elemental]

Washington state and Bellingham to see minimum wage increases next year - My Bellingham Now

Bellingham's minimum wage is currently a dollar higher than the state's and it will jump to $2 above starting on May 1, 2025.

mybellinghamnow.com

$16.66/hour seems like it would be difficult to sustain many of the rural stories I frequent when traveling. Some of them have been on highways that only see a handful of cars per hour. On my last trip, there were a lot that had gone out of business.

More so for $18.66, but that’s in town, a different challenge.

When my kids were 14 or so and looking for work in Washington, one of the "farmers market" organizations was interested in hiring them until they explored the consequences under Washington's labor laws instituted to protect minors. Because of the mandatory breaks/rest periods they couldn't get enough profit on goods sold out of them to cover their labor cost. My kids would have loved to have the jobs and could have used the money, but it was not to be.

 

[3Play]

When my kids were 14 or so and looking for work in Washington, one of the "farmers market" organizations was interested in hiring them until they explored the consequences under Washington's labor laws instituted to protect minors. Because of the mandatory breaks/rest periods they couldn't get enough profit on goods sold out of them to cover their labor cost. My kids would have loved to have the jobs and could have used the money, but it was not to be.

The alcohol taxes are ridiculous there. A $17 dollar bottle of tequila in Az. costs $35 in Wa. it's about the same ratio across the board.
We had a group of friends who would do care packages for each other when traveling out of state.

 

[gas_sprinter]

The alcohol taxes are ridiculous there. A $17 dollar bottle of tequila in Az. costs $35 in Wa. it's about the same ratio across the board.
We had a group of friends who would do care packages for each other when traveling out of state.

We go Canada enough to utilize the duty-free at the border.
I refuse to pay the alcohol "hard liquor" tax here in the WA state, LOL

 

[Green Maned Lion]

The alcohol taxes are ridiculous there. A $17 dollar bottle of tequila in Az. costs $35 in Wa. it's about the same ratio across the board.
We had a group of friends who would do care packages for each other when traveling out of state.

Washington doesn’t prosecute bootlegging?

 

[3Play]

Washington doesn’t prosecute bootlegging?

I think it is fairly difficult, if not impossible (And a waste of time) to prosecute people for picking up a bottle of booze for their friends.
There is no profit, or sales involved, you can gift it... it's even legal to bring 2 bottles of hard liquor across the Intl. border without declaring it for tax purposes.

 

[gas_sprinter]

it's even legal to bring 2 bottles of hard liquor across the Intl. border without declaring it for tax purposes.

Based on my memory (one of the border controller officer, new on the job, was digging into this), it depends on how many hours you spent outside the US, which determines how much of hard liquors & beers you can bring into the US.

 

[Graphite Dave]

Just need to watch out for the stock market blowout in every 10yrs or so, hit and run as necessary.

A good way to lose money. Make sure you wait for market to recover so you can buy high and then panic when the market loses value so you can sell low.

Better to know the market long term has always recovered from down years. Buy ownership in quality companies that sell a product that will still be sold 10 years from today. Buy and hold,

average gain in stock market - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.

www.bing.com

 

[gas_sprinter]

I was taught to "buy and hold" but learned it isn't the perfect solution for everything, need to know when to sell, too.

What I meant by "hit & run" is, don't be greedy, make some money and move on and reinvest.

Pandemic was interesting time for sure, and we see time to time when the stock takes a dump, never a good time to sell when in panic, but position yourself to be enough to ride out the slump period but buy more during the low time.

I still have some that I bought in early days of my investment which I blindly followed "buy and hold" but wish I sold some of them long ago as they have been performing poorly for the last 6-7rys and I don't believe they will take off anytime soon. (Looking into the exit strategy here at this point.)

 

[3Play]

Based on my memory (one of the border controller officer, new on the job, was digging into this), it depends on how many hours you spent outside the US, which determines how much of hard liquors & beers you can bring into the US.

Not so much on the Mexico border.
You can actually get people to do multiple trips across the border with 2 liters at a time......
I have never bought alcohol in Mx. that wasn't consumed there.....

 

[Green Maned Lion]

I think it is fairly difficult, if not impossible (And a waste of time) to prosecute people for picking up a bottle of booze for their friends.
There is no profit, or sales involved, you can gift it... it's even legal to bring 2 bottles of hard liquor across the Intl. border without declaring it for tax purposes.

Let me give you some advice- don't try to bring liquor from NJ into Pennsylvania, especially don't do it on the Tacony-Palmyra bridge, and absolutely do not, under any circumstances, show up at Roger Wilco on the Jersey side in a vehicle with Pennsylvania plates, and then attempt to cross either the Tacony Palmyra or Betsy Ross bridge; they have a snitch in there and they radio. The fine is large; second offense comes with jail time.

 

[Roamers]

Let me give you some advice

We lived on the IA side IA/IL border years ago. The authorities used to park on the IA side of the main Mississippi River bridge and "randomly" check for alcohol transport. We used to just go a a couple miles north to WI and cross from WI to IA instead.

I think this end when they eliminated state liquor stores.

 

[EBS-P]

Washington state and Bellingham to see minimum wage increases next year - My Bellingham Now

Bellingham's minimum wage is currently a dollar higher than the state's and it will jump to $2 above starting on May 1, 2025.

mybellinghamnow.com

$16.66/hour seems like it would be difficult to sustain many of the rural stories I frequent when traveling. Some of them have been on highways that only see a handful of cars per hour. On my last trip, there were a lot that had gone out of business.

More so for $18.66, but that’s in town, a different challenge.

Median Bellingham home price is $700k. The county is $660k. That’s steep. Where do those making even 20$ an hour live?

 

[gas_sprinter]

Median Bellingham home price is $700k. The county is $660k. That’s steep. Where do those making even 20$ an hour live?

Exactly, Seattle is at $800k, the system isn't in place to support folks to be able to afford buying their own house but force 'em to rent only.

 

[3Play]

Let me give you some advice- don't try to bring liquor from NJ into Pennsylvania, especially don't do it on the Tacony-Palmyra bridge, and absolutely do not, under any circumstances, show up at Roger Wilco on the Jersey side in a vehicle with Pennsylvania plates, and then attempt to cross either the Tacony Palmyra or Betsy Ross bridge; they have a snitch in there and they radio. The fine is large; second offense comes with jail time.

Sound like they already have embraced the "Stazi" mentality....
Are you saying you can not cross a border with personal alcohol?

 

[3Play]

Median Bellingham home price is $700k. The county is $660k. That’s steep. Where do those making even 20$ an hour live?

This is like the time before the Obummer crash, but double the prices!!!

When a house rents for much less than the monthly payment, the market is over priced and a crash is usually imminent...

 

[ECU]

Sound like they already have embraced the "Stazi" mentality....
Are you saying you can not cross a border with personal alcohol?

I'm not driving. I'm traveling.