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If SF or NYC wants a higher wage, the city could augment the subsidy out of its own tax coffers. I am however, very much against the idea of taxing a machinist
by bokonist 12y ago
If SF or NYC wants a higher wage, the city could augment the subsidy out of its own tax coffers.
I am however, very much against the idea of taxing a machinist in Alabama to subsidize wages in NYC.
I am also amenable to the idea of having the subsidy only be for those over 18, or people who are supporting families.
But I do think it is reasonable to provide $15 jobs in middle America. Right now, young people feel a compulsion to head to NYC/SF/DC to gain access to these job markets, which feed off the money surplus from winner-take-all-industries. I would rather that the money get spread around more, and that once again a decent middle class life would be easy to obtain in what is now known as the rust belt.
- sstrudeau 12y agoRight now we tax workers in NYC to subsidize people on in Alabama. (NYC gets < $0.60 for every $1 of federal taxes collected; Alabama gets > $2).
- benjohnson 12y agoIt's true that rural areas get a lot of farm and energy subsidies - but those subsidies also lower prices for those of us that live in the cities.