Re:Tesla fires hundreds from headquarters, factory
by closeparen on Saturday October 14, 2017 @04:59PM
(#15474275)
>Labor regulation has the same effect as taxes
Not really: taxes are percentage-based. They turn profitable transactions into marginally less profitable transactions, but stop at zero. Minimum wages and benefits set an absolute floor below which the transaction is not worthwhile.
Even if you're not upset about the loss of low-paying jobs (and that's fair), if we think everyone deserves something, getting it should not depend on finding a job.
Not really: taxes are percentage-based. They turn profitable transactions into marginally less profitable transactions, but stop at zero. Minimum wages and benefits set an absolute floor below which the transaction is not worthwhile.
Even if you're not upset about the loss of low-paying jobs (and that's fair), if we think everyone deserves something, getting it should not depend on finding a job.