4 ms·
just change the tax code to be progressive based on earnings per employee...
by arccy 9mo ago
just change the tax code to be progressive based on earnings per employee...
- BobbyJo 9mo agoOver the long term, earnings per employee should shrink due to competition. So, a tax like this, can only be expected to generate significant income in emerging industries, where competition isn't as tight. IMO that would be bad for technological progress. I think the core issue that needs to be curbed by the government is anti competitive practices, like Google and Meta buying out competition in infancy, as thats the kind of thing (monopoly) that keeps earnings per employee high longer term.
- reactordev 9mo agoThe Government can't put the genie back in the bottle. UBI won't work because economics. Taxes fund the government but what use is a government that cannot govern? What happens when AI is used as employees at all these companies? Is everyone a CEO now? Where does the value come from? Once you peel back the onion, all you get is tears.
- givinguflac 9mo ago“UBI can’t work because economics.” Where is your source? The data says otherwise. https://www.wbur.org/onpoint/2024/08/19/universal-guaranteed-income-experiment-economy https://www.wbur.org/onpoint/2024/08/19/universal-guaranteed...
- quantified 9mo agoUBI can cause recipients to survive well. Paid for by taxpayers on a very very small scale. There is no model for funding UBI on a large scale. From what?
- joquarky 9mo agoLook at the US tax system and tell me how UBI won't become just as convoluted.
- nerdponx 9mo agoAs if we needed more incentives to suppress wages
- quantified 9mo agoCan you explain the mechanics of this? Fewer employees means higher tax?