2 ms·
I honestly think a minimum wage is one of the worst way's to guarantee a minimum quality of life. It keeps all the downside of an employer focused system and ke
by tick_tock_tick 5y ago
I honestly think a minimum wage is one of the worst way's to guarantee a minimum quality of life. It keeps all the downside of an employer focused system and keeps adding more and more of the governments job onto corporations. Huge parts of this mess are from government intervention in the employee/employer relationship (healthcare being taken care of by your employer was to circumvent wage freezes by Congress during WW2).
We are already seeing good results from the expanded child tax credit distributed over time instead of lump summed. I'd like to see that expanded as a negative income tax credit over the full 12 months of the year. It doesn't have to be a ton of money either if the guaranteed floor is half of what's need to live it would force a lot of employers to clean up their act.
One other idea I'd like to pitch is a say every 5 year moving tax credit. Something like if you move >100 miles you can claim a $5k tax credit. The main goal would be to get people out of the rut where they are too poor to move but the area they live in is too expensive to stay.