3 ms·
The same argument can be made in favor of sales taxes (which are typically seen as regressive) over income taxes. One solution passes the cost onto users of AL
by bhupy 8y ago
The same argument can be made in favor of sales taxes (which are typically seen as regressive) over income taxes.
One solution passes the cost onto users of ALL services (minimum wage would apply to all labor), the other passes it onto taxpayers, who ostensibly use those same services (unless you’re somehow off the grid). The latter proportionally divides the burden by socioeconomic status (progressive taxation).
In practice, nearly everyone uses services that employ humans, right?
- ameister14 8y agoYeah, but it's a lot less flexible in the case of sales taxes as they are more universally and arbitrarily applied. I haven't studied this in too long to put together a tight response to your comments - food for thought for me, gotta crack back open some books. Off the top of my head, I'd say that it's likely that increases in minimum wage resulted in a greater increase in economic performance than increases in welfare distribution, but I'm not certain and I'd have to look back into it.
- bhupy 8y ago> Off the top of my head, I'd say that it's likely that increases in minimum wage resulted in a greater increase in economic performance than increases in welfare distribution, but I'm not certain and I'd have to look back into it. https://en.wikipedia.org/wiki/Earned_income_tax_credit#Impact https://en.wikipedia.org/wiki/Earned_income_tax_credit#Impac...