4 ms·
How is subsidization of labor worse than subsidization of non-labor?
by gohrt 10y ago
How is subsidization of labor worse than subsidization of non-labor?
- Cakez0r 10y agoOne reason that comes to mind is that it would just allow the rich to become richer by providing a cheap workforce subsidised by the tax payer. Imagine if a company wanted to pay less than minimum wage, hire a bunch more people and have their new workers' pay topped up by a negative income tax. It'd just be getting people to work for the sake of working while tax payers subsidise profits for business owners.
- sonthonax 10y agoBecause people who work have money already, people who can't work don't.