Why should the government support bad businesses? Serious question, because we socialize losses (tax-paid anssistance) and privatize profits (they keep it, regardless how many employees are on assistance).
We do that already with welfare for people working a surprising number of places (Walmart and McDonald’s are prime examples, where they have published budgets assuming you will get government assistance)
I was imagining that in terms of tax breaks. The reason being you’re pay is not tied to the number of your children. If we say minimum wage is enough to cover 2 children, then people have a financial incentive and advantage if they don’t have children. Compare that to minimum wage addresses Mainly your own costs with tax breaks and credits helping to cover child costs.
Why should the government support bad businesses? Serious question, because we socialize losses (tax-paid anssistance) and privatize profits (they keep it, regardless how many employees are on assistance).
We do that already with welfare for people working a surprising number of places (Walmart and McDonald’s are prime examples, where they have published budgets assuming you will get government assistance)
Why is that ok, but requiring living wages isn’t?
I was imagining that in terms of tax breaks. The reason being you’re pay is not tied to the number of your children. If we say minimum wage is enough to cover 2 children, then people have a financial incentive and advantage if they don’t have children. Compare that to minimum wage addresses Mainly your own costs with tax breaks and credits helping to cover child costs.