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re: Corporate income tax is borne primarily by labor and workers, research shows.
Posted on 11/8/17 at 10:54 pm to ShortyRob
Posted on 11/8/17 at 10:54 pm to ShortyRob
No, I sort of agree. There is no inherent reason a business with more profit is going to pay its workers more, unless competition for labor increases.
Posted on 11/9/17 at 8:10 am to HailHailtoMichigan!
quote:not for nothing but how did you even write the above sentence and not see the problem?
No, I sort of agree. There is no inherent reason a business with more profit is going to pay its workers more, unless competition for labor increases.
I really don't understand how people don't get economics. Your average 12 year old with a lemonade stand understand economics better than your average American adult
If I and all of my competitors suddenly have more money in our pockets then that means we all have more available to pay our employees. I know this doesn't mean we will just suddenly start handing out pay raises
But economics 101 here buddy. The next time I have to hire somebody I will be competing for the best employees with all of my competitors who also have more money in their pockets.
I also find it funny how no one's seems to understand the economic effects of a company having more money but they perfectly well understand the economic effects of a company having less
If all companies suddenly have less money they may not reduce pay for their current employees but they will have less available to hire more employees and when they do hire more employees they won't have as much to hire them with
I am so over how fricking economically ignorant 90% of America is. I would venture to say virtually every problem in America stems from that reality
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