Quote:
Originally Posted by Enoch Root
I agree. If you want higher incomes, it should be the responsibility of government policy, not thrown on the backs of small business.
The more efficient the market, the more jobs that will be created by small business. Let the market determine what the wages need to be for the labour created.
And then if subsidy is required, that should be a burden of the state.
Forcing artificially high wages on small businesses reduces efficiency and thus the total number of jobs created.
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The key is to be willing to tax the benficiaries of the low wages which is the upper middle class seeing lower prices for everything and corporations realizing more profit.