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<quote>The market value of labor is unaffected by the level of profit tax.</quote> Only if you can guarantee that changing levels of profit tax would not cause
by xaqfox 12y ago
<quote>The market value of labor is unaffected by the level of profit tax.</quote>
Only if you can guarantee that changing levels of profit tax would not cause any wide scale lay-off or hiring sprees that would certainly effect labor market saturation and thereby the market value of labor.
- crdoconnor 12y agoI guarantee that Starbucks and Google will not be pulling out of the UK if they do raise these rates to the proposed levels (or even higher). It would be cutting off their nose to spite their face.