"What can we do to help poor and marginalized people?" "Let's tax the people that hire them!"https://twitter.com/BenjySarlin/status/996382834494353408 …
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1/ No, of course they wouldn't. But, if we continue with the theory behind this idea, it's better to have fewer people at a company being paid a reasonable living wage.
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2/ It posits that companies are taking advantage of government programs in order to pay people less than they would ordinarily be able to survive on, and so we should force them to pay for it. We don't need more jobs, unemployment is not low. We need better paying jobs.
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end/ Whether this idea holds water is, as we say, an exercise left to the reader. But it's not unsound.
End of conversation
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The latest empirical studies don’t support this pure supply and demand view of labor markets. Implications are pretty big for employers so it’s worth considering.
@Noahpinion has done some good summarieshttps://twitter.com/noahpinion/status/981891609229836288?s=21 …
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