Michele Bachmann appears to have adopted another of Ron Paul's positions. During an interview on CBS’s “Face the Nation” Bachmann said she is considering elimination of the minimum wage.
The minimum wage is what is preventing a lot of LBJ's great-grandkids from getting jobs, since their marginal revenue product on an hourly basis appears to be less than the minimum wage. Eliminating the minimum wage is a good thing and would actually provide an opportunity for many seriously unskilled to find their first job.
Bachmann also said corporate tax rates should be significantly reduced from a maximum 35 percent and capital gains taxes should be eliminated.
But, there is a clear difference between Ron Paul and Michelle Bachmann. While Dr. Paul early in his career practiced medicine and delivered thousands of babies.
Michelle Bachmann was a tax lawyer for the IRS and has a post-doctorate degree in Federal Tax Law. She has stated that she represented the IRS in hundreds of cases against American citizens.