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The BEZOS Act Is Bad Policy
- xref 8y ago"counterproductive and needlessly complex mechanisms to accomplish ends much better addressed by just raising the minimum wage and passing better labor regulations. I thank it also reflects a certain sentimentality about smaller businesses, as if it’s only the very biggest corporations that underpay workers or otherwise treat them badly." I feel like this cuts to the point, we tend towards carve outs and special cases in our tax code, instead of more simple-but-broad solutions
- ebcode 8y agoIt might be bad policy, but it's great marketing. Bezos is someone who could be easily despised by members of both parties in Washington, and making the name of the act a personal attack might help it gain votes. Still, I don't think the legislation goes far enough. Instead of being taxed 100% on the government benefits that employees receive, it ought to be 110%. Otherwise I imagine that many of our mega-corporations would just pay the tax instead of the employee benefits. In that regard, it really is bad policy.