The key claim in Trump's tax plan, corporate tax cuts --> wage growth, is the tip of an interesting iceberg.https://www.nytimes.com/2017/08/30/us/politics/trump-missouri-tax-plan.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region®ion=top-news&WT.nav=top-news …
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Occasionally they might have a marginal impact on *hiring* but I can't think of why I'd change my wage strategy in response to a tax cut.
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Hypothetically, if you want (to keep) a given person and you are paying less in taxes, might not you be more likely to pay them more?
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Wages for us are about market competitiveness, but maybe the effect of lower taxes makes the market more favorable for employees?
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That also seems a little fishy. Market competitiveness (in tech) is mostly driven by supply of skilled engineers.
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I can see a model that leads to these results in aggregate but I can't remember these considerations ever being driving factors for us.
End of conversation
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