Re:The Tipping Point: The Economics of Taxi Fares
by listenallyall on Tuesday January 11, 2022 @07:47PM
(#29900771)
Perhaps some wages grew slower because they received tips? Generally wages are set at a market-clearing price. People were willing, for decades, to take positions as waiters, waitresses, bartenders, etc, because tips were a big portion of their take-home pay... and was also subject to reduced taxation.
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