4 ms·
That’s because there are no “low-margin” wage workers, who make large figures in gross salary, but also have extremely high “costs of earning wage”. I can’t thi
by xyzzyz 5y ago
That’s because there are no “low-margin” wage workers, who make large figures in gross salary, but also have extremely high “costs of earning wage”. I can’t think of any wage worker who would fit this bill. At best, this could apply to some self-employed people, but they can just incorporate. Maybe it would also apply to very low-wage workers, if you consider food and housing as cost of revenue, but then again low wage workers already pay basically no income tax.
- alvah 5y agoThat's not really true. There are and have been many states, provinces and cities where my line of work is rewarded with high pre-tax pay, but the cost of living in those places (especially housing) makes it uneconomic.