4 ms·
As just one example, tax reform[1], punish companies with high gaps between their highest and lowest paid workers. It's quite easy to force companies to do thi
by gnaritas 11y ago
As just one example, tax reform[1], punish companies with high gaps between their highest and lowest paid workers. It's quite easy to force companies to do things, you just change the rules. When a company does better, the benefits of that productivity should not all go to the top; the employees should share in the wealth they created. Companies who share their wealth with their employees would get more favorable tax rates. Incentives matter.
[1] https://www.washingtonpost.com/opinions/harold-meyerson-californias-bid-to-tax-ceos-who-dont-share-the-wealth/2014/04/30/fc08619c-d07e-11e3-a6b1-45c4dffb85a6_story.html https://www.washingtonpost.com/opinions/harold-meyerson-cali...
- sokoloff 11y agoYes, and these incentives are likely to cause companies to use subsidiaries and contract workers, so that their employee count is lower and the median wage of those employees higher. It's not clear to me that's a win for anyone other than consulting companies, tax prep and CPA firms.
- gnaritas 11y ago> Yes, and these incentives are likely to cause companies to use subsidiaries and contract workers Only if the proposed change in rules contains such glaringly obvious loopholes; but I doubt that'll be the case, as the people trying to solve the problem have thought about it for more than 5 minutes.
- jessaustin 11y agoDo you believe that "loopholes" are real things that really exist?
- Spooky23 11y agoRemember the SUV tax rules in the late 1990s and early 2000s? I recall the taxpayer making a substantial contribution to my truck purchase.
- jessaustin 11y agoDid you know that truck manufacturers hire lobbyists who "help" legislators write the laws?