2 ms·
Except in scenario 1 the person earning $300 has $40 extra to spend or invest somewhere which is good for the economy. Eventually someone else will wind up pay
by djrogers 10y ago
Except in scenario 1 the person earning $300 has $40 extra to spend or invest somewhere which is good for the economy. Eventually someone else will wind up paying $8 tax on that $40 (20%)...