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Instead of UBI the gov can subsidise salary for those businesses.
by nsonha 5y ago
Instead of UBI the gov can subsidise salary for those businesses.
- ben_w 5y agoSubsidised salaries do not create new workers, they (create an incentive to) move workers from non-subsidised jobs. It is effectively the non-subsidised workers whose taxes pay for the subsidies. That kind of thing is best kept for where markets don’t accurately price externalities, not ”$foo businesses can’t find staff at a price they are happy with”.
- rdtwo 5y agoNursing and teaching would be a good place for subsidized wages
- ben_w 5y agoI don’t know what things are like where you are, but in the U.K. both of those are[0] public sector jobs. That makes them[0] 100% “subsidised”, though I can’t help but feel there’s a better word for it in this case. [0] mostly
- nsonha 5y agowow, I don't even believe 100% of the tax dollars spent on education would be justified, but I'll still prefer such a system.
- imtringued 5y agoIt's called negative income tax.