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The wage subsidy would only close the gap between the wage and 16. If you made 16, there would be no subsidy.
by missedthecue 6y ago
The wage subsidy would only close the gap between the wage and 16. If you made 16, there would be no subsidy.
- midasuni 6y agoEarn 16 get no subsidy Earn 15 get 1 subsidy Earn 12 get 4 subsidy What’s the difference to the worker? Fork 4/3rds harder to earn 16 not 12, see no gain. Equivelent of 100% marginal tax.