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I mean we should be moving to less labor intensive business models anyway. Companies that already embrace automation are getting rid of the workers. We as a soc

I mean we should be moving to less labor intensive business models anyway. Companies that already embrace automation are getting rid of the workers. We as a society should get ahead of this and ensure that the people who need help are able to get it. I'm also curious why we need to make it cheaper to employ workers? What does society gain from having people work for 40 hours a week but still live in poverty?

dragonwriter 5y ago
> I mean we should be moving to less labor intensive business models anyway. It's true that technological progress will makes that naturally more sensible over time without using tax policy to make labor artificially more expensive through extra taxes. > Companies that already embrace automation are getting rid of the workers That's...tautologically true, yes. > We as a society should get ahead of this and ensure that the people who need help are able to get it. Shifting the tax burden from labor by not taxing labor income more than regular income (via payroll taxes) which in turn is taxed more than capital income (which, as well as not paying additional psytoll taxes, has a special, lower rate) of a fairly simple way to do that, or to reduce the number of people that need help, depending on how you look at it. Punitive taxes on labor income and employment make the problems worse. Additional punitive taxes on employment aren't a solution. > I'm also curious why we need to make it cheaper to employ workers? The reason we need to make it cheaper to employ workers at any given level of take-home pay is that it directly increases effective wages and reduces poverty. > What does society gain from having people work for 40 hours a week but still live in poverty? It... doesn't. That's why need to have the government stop taking a bigger chunk out of pay to workers than any other income-generating transaction.

dragonwriter 5y ago

> I mean we should be moving to less labor intensive business models anyway. It's true that technological progress will makes that naturally more sensible over time without using tax policy to make labor artificially more expensive through extra taxes. > Companies that already embrace automation are getting rid of the workers That's...tautologically true, yes. > We as a society should get ahead of this and ensure that the people who need help are able to get it. Shifting the tax burden from labor by not taxing labor income more than regular income (via payroll taxes) which in turn is taxed more than capital income (which, as well as not paying additional psytoll taxes, has a special, lower rate) of a fairly simple way to do that, or to reduce the number of people that need help, depending on how you look at it. Punitive taxes on labor income and employment make the problems worse. Additional punitive taxes on employment aren't a solution. > I'm also curious why we need to make it cheaper to employ workers? The reason we need to make it cheaper to employ workers at any given level of take-home pay is that it directly increases effective wages and reduces poverty. > What does society gain from having people work for 40 hours a week but still live in poverty? It... doesn't. That's why need to have the government stop taking a bigger chunk out of pay to workers than any other income-generating transaction.