3 ms·
What if $company, for whatever reason, decided every employee in $state would have their salary reduced by X% across the board and $state announced they would s
by elliekelly 6y ago
What if $company, for whatever reason, decided every employee in $state would have their salary reduced by X% across the board and $state announced they would step in and use taxpayer money to make up the difference in $company employee paychecks. Would you be absolutely fine with your taxpayer money being used to subsidize labor in that way? What if $company is highly profitable and sitting on more cash than $state government has available? What if you're a business owner in $state and have to compete in the market for labor where one big player with tons of money gets to pay less for the same work?
It's not about income tax so much as it is about the government subsidy being granted and whether or not it's the best use of the government's limited financial resources.