Monday, December 12, 2016

Behold The Effects Of A Minimum Wage Rise - Taxes Go Up


By Forbes, Dec. 11, 2016 

Yes, we all know about those demands of the Fight for $15. $15 an hour for all work plus a union. We also all need to consider the effects of our implementing such a demand--one of which is that taxes will go up. Which is an interesting thought really. For it's easy enough to think that sure, those people over there should get more money. And it's especially easy if we all think that it's them, they, the capitalists, the rich people, who will have less money after those higher wages are paid. It might well be rather different as people realise that it will be their own pockets that get picked to pay these higher incomes. But that will, inevitably, be a part of what happens.
Read More: http://www.forbes.com

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