Of course, they would force wages down. Instead of money going directly from employer to employee, it would go from employers to government to employees. Noneth

Of course, they would force wages down. Instead of money going directly from employer to employee, it would go from employers to government to employees. Nonetheless, the employer would still have to pay competitive wages on top to retain employees. Forces of socialism and capitalism will be in play at the same time. Socialism and capitalism are not mutually independent. Despite companies like Walmart and Home Depot having to pay more into the system, this would be a windfall for them as the availability of people with money to spend in places like this will drastically increase. The Laffer Curve is correct when the supply side and the demand side on the graph are switched to where they belong. Walmart would then have to hire more employees to meet the demand and put more tax money into the system. lol