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I agree with Bill Gates on what will happen. I disagree very strongly with his solution. Governments begging corporations to employ people doing very little an
by jqm 12y ago
I agree with Bill Gates on what will happen.
I disagree very strongly with his solution. Governments begging corporations to employ people doing very little and paying the minimum wage (oh wait, minimum wage gets eliminated...so presumably paying them less than minimum wage)? When have corporations responded to begging? Why is this good for anyone?
Who is going to buy the stuff produced when people are bringing home less than minimum wage huh Bill? You? How many plastic spaghetti strainers do you need in all your many houses? Hmm?
No, the answer is not corporations in full control and paying whatever they wish. That will never work. The system will break down all together. It must stay balanced. The balance can be achieved by corporations and individuals paying their fair share. My opinion is that land/resource taxes are the way to achieve this. Not payroll or corporate taxes which serve to punish innovation and hard work.