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Unfortunately, the tax does not work in a global economy, where the bigger employers can vote with their feet and employees cannot. (minimal wage doesn't work
by AstralStorm 8y ago
Unfortunately, the tax does not work in a global economy, where the bigger employers can vote with their feet and employees cannot.
(minimal wage doesn't work either for the same reason)
Both measures impact smaller employers more too and cause problems for local employers but not global ones.
The good solution would be to either tax local revenue of global companies, hunt the dodges and tariff the imported products (again problematic) as well as imported labour. This stinks of mercantilism of course and could have higher order effects.