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 …
-
Show this thread
-
Replying to @BCAppelbaum
As a small business owner something seems fishy about this. Taxes only apply to profits, so tax cuts only have a small impact on wages.
1 reply 0 retweets 2 likes -
Replying to @wycats @BCAppelbaum
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.
1 reply 0 retweets 1 like -
Replying to @wycats
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?
2 replies 0 retweets 0 likes -
Replying to @BCAppelbaum
Wages for us are about market competitiveness, but maybe the effect of lower taxes makes the market more favorable for employees?
1 reply 0 retweets 1 like -
Replying to @wycats @BCAppelbaum
That also seems a little fishy. Market competitiveness (in tech) is mostly driven by supply of skilled engineers.
1 reply 0 retweets 0 likes
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.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.