I believe we should give tax cuts to companies that pay more for certain jobs.
Example: So if company A pays 40 an hour
company B pays 10 an hour for the same job
Company A should pay 10% tax and company B 30% tax. The IRS could then retrieve some of the lost money in taxes by getting increased revenue from the workers making 40 an hour.
Im a moderate libertarian. I like low taxes, some but low regulations for healthcare and pollution, pro gun, anti drug war, anti war unless necessary, smaller government, less police authority (for example shouldnt be able to make u wait on a dog if you say no to a car search), strong borders, im not big on the diversity theory. I believe USA is diverse enough and believe more diversity will just divide and make us fight, should focus on helping the black community be happy so we can be more united.
I don't know how the system works in the US, but in the UK at the moment, the government is doing exactly the opposite of what you propose. Companies get away with paying less than a living wage because workers with families can claim income support from the government that lifts the family income a bit above the poverty level. So essentially, the government is subsidising firms that pay badly.
I'll leave it to you guess how often you hear the owners of such companies complaining about that sort of welfare.
What are your political views?
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I believe we should give tax cuts to companies that pay more for certain jobs.
Example: So if company A pays 40 an hour
company B pays 10 an hour for the same job
Company A should pay 10% tax and company B 30% tax. The IRS could then retrieve some of the lost money in taxes by getting increased revenue from the workers making 40 an hour.
Im a moderate libertarian. I like low taxes, some but low regulations for healthcare and pollution, pro gun, anti drug war, anti war unless necessary, smaller government, less police authority (for example shouldnt be able to make u wait on a dog if you say no to a car search), strong borders, im not big on the diversity theory. I believe USA is diverse enough and believe more diversity will just divide and make us fight, should focus on helping the black community be happy so we can be more united.
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Boojum
2 years ago
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Interesting idea.
I don't know how the system works in the US, but in the UK at the moment, the government is doing exactly the opposite of what you propose. Companies get away with paying less than a living wage because workers with families can claim income support from the government that lifts the family income a bit above the poverty level. So essentially, the government is subsidising firms that pay badly.
I'll leave it to you guess how often you hear the owners of such companies complaining about that sort of welfare.