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People work in Alaska. ¯\_(ツ)_/¯ An employer that wields that carrot also wields that stick, and can exploit the difference to incredible social harm. It is e
by dfxm12 3y ago
People work in Alaska. ¯\_(ツ)_/¯
An employer that wields that carrot also wields that stick, and can exploit the difference to incredible social harm.
It is especially cruel that in the US, so many benefits are tied to employment. It means employers have this huge power over workers and also makes sure that it is almost impossible for some workers to invest the time and money in themselves required to gain the skills needed for better employment opportunities.
- Scoundreller 3y ago> It is especially cruel that in the US, so many benefits are tied to employment. And so many taxes tied to employment. Not just US, but pretty much everywhere. Why discourage the most the thing you want people to do?
- dfxm12 3y agoI'll admit it is arguable that there might be better ways to raise tax revenue than we currently are, but has anyone thought about maybe not entering the workforce because of income tax?
- biomcgary 3y agoNot sure if this was the GPs point, but the US taxes wages (i.e., work) in addition to income, so every dollar spent on work gets more taken out of it than every other dollar. Not entering the part-time, entrepreneurial workforce due to self-employment taxes is absolutely a thing because the bite taken out is quite large. Wage taxes absolutely need to go, but they are tied to Social Security / Medicare, so the elite in both parties are unwilling to touch them, albeit for different reasons.
- Scoundreller 3y agoYes. I DIY tons of stuff, instead of working more hours in my core competency, because the economics of hiring it out are all screwed up. Sometimes it’s ludicrous, why the hell am I, a desk jockey, doing a brake job? Why is it more cost effective to build a retaining wall myself, with basic tools, rather than working extra hours and paying someone that does it as a career? (Btw, that retaining wall is going to last 100years). Income tax is a form of overhead. Not just changing the economics of “saving a dollar is like making 2 dollars”, but ups the price of things. A corporation, mainly paying taxes on its profits, not all revenue, would never have this magnitude of dilemma between outsourcing vs in-house. This is why I prefer shifts towards taxing destruction (like carbon taxes, stranded capital) instead of taxing production.