4 ms·
In practice, every employer pays what it needs to get employees, and nothing more. Unless something changes the number of employees available, salaries don't c
by jellicle 10y ago
In practice, every employer pays what it needs to get employees, and nothing more. Unless something changes the number of employees available, salaries don't change.
Tax cuts go straight into the employer's pocket, as the employer will happily tell you to your face:
https://theintercept.com/2017/01/05/corporations-prepare-to-gorge-on-tax-cuts-trump-claims-will-create-jobs/ https://theintercept.com/2017/01/05/corporations-prepare-to-...
Sure, it's theoretically possible that the employer could pass all tax cuts to its suppliers. McDonald's could call up and offer to pay more for frozen hamburgers and fries. Walmart could tell its Chinese shoe makers that it plans to pay double for all future pairs, just because. But, why would that happen as opposed to rewarding the shareholders?