Comment by ghiculescu 6 months ago That’s not how income tax works, particularly for minimum wage workers. 5 comments ghiculescu Reply RobinL 6 months ago It's just supply and demand. It makes working in these industries relatively more attractive, increasing supply of labour and therefore reducing price of labour. So restaurant owners capture some of the benefits ghiculescu 6 months ago So employees earn more, and restaurants spend less. And this is bad because? pnt12 6 months ago Well, the money doesn't appear with magic, so someone is paying: the government (forfeiting taxes) or the consumer (more pressure to tip).To me, the bad part is the tax reductions only appear in behavior I don't agree with: high overtime and tipping (when it's semi mandatory).I'm not American, but this is also showing up in my country. RobinL 6 months ago Because you're artificially favouring one specific industry, at a cost to all other industries.And because the implication of your argument is we should never tax anything because that's a benefit to both the consumer and the business fireflash38 6 months ago Aren't we already in a manufacturing hole and we're incentivizing more service industries over them?
RobinL 6 months ago It's just supply and demand. It makes working in these industries relatively more attractive, increasing supply of labour and therefore reducing price of labour. So restaurant owners capture some of the benefits ghiculescu 6 months ago So employees earn more, and restaurants spend less. And this is bad because? pnt12 6 months ago Well, the money doesn't appear with magic, so someone is paying: the government (forfeiting taxes) or the consumer (more pressure to tip).To me, the bad part is the tax reductions only appear in behavior I don't agree with: high overtime and tipping (when it's semi mandatory).I'm not American, but this is also showing up in my country. RobinL 6 months ago Because you're artificially favouring one specific industry, at a cost to all other industries.And because the implication of your argument is we should never tax anything because that's a benefit to both the consumer and the business fireflash38 6 months ago Aren't we already in a manufacturing hole and we're incentivizing more service industries over them?
ghiculescu 6 months ago So employees earn more, and restaurants spend less. And this is bad because? pnt12 6 months ago Well, the money doesn't appear with magic, so someone is paying: the government (forfeiting taxes) or the consumer (more pressure to tip).To me, the bad part is the tax reductions only appear in behavior I don't agree with: high overtime and tipping (when it's semi mandatory).I'm not American, but this is also showing up in my country. RobinL 6 months ago Because you're artificially favouring one specific industry, at a cost to all other industries.And because the implication of your argument is we should never tax anything because that's a benefit to both the consumer and the business fireflash38 6 months ago Aren't we already in a manufacturing hole and we're incentivizing more service industries over them?
pnt12 6 months ago Well, the money doesn't appear with magic, so someone is paying: the government (forfeiting taxes) or the consumer (more pressure to tip).To me, the bad part is the tax reductions only appear in behavior I don't agree with: high overtime and tipping (when it's semi mandatory).I'm not American, but this is also showing up in my country.
RobinL 6 months ago Because you're artificially favouring one specific industry, at a cost to all other industries.And because the implication of your argument is we should never tax anything because that's a benefit to both the consumer and the business
fireflash38 6 months ago Aren't we already in a manufacturing hole and we're incentivizing more service industries over them?
It's just supply and demand. It makes working in these industries relatively more attractive, increasing supply of labour and therefore reducing price of labour. So restaurant owners capture some of the benefits
So employees earn more, and restaurants spend less. And this is bad because?
Well, the money doesn't appear with magic, so someone is paying: the government (forfeiting taxes) or the consumer (more pressure to tip).
To me, the bad part is the tax reductions only appear in behavior I don't agree with: high overtime and tipping (when it's semi mandatory).
I'm not American, but this is also showing up in my country.
Because you're artificially favouring one specific industry, at a cost to all other industries.
And because the implication of your argument is we should never tax anything because that's a benefit to both the consumer and the business
Aren't we already in a manufacturing hole and we're incentivizing more service industries over them?