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by Retric
4825 days ago
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I think adding a living wage and removing the minimum wage is the way you get though this bump. If you make human labor cheap enough someone is always going to want to have their lawns mowed by people or whatever. Assuming they can afford to do so. Basically, people with minimal skills end up working not for food, but to have toy's etc. The trick is finding a number where people can have a little disposable income, but working 20+ hours a week even at 3$ an hour gives them several times as much fun money. I suspect in the US we could do that now with around a flat 40% tax without deductions. Note: Living wage would need to be a national number ~12 to 15k and not what it takes to get by in NYC or whatever. PS: What makes the numbers work out is you also get rid of social security, unemployment insurance, food stamps, and the lower tax brakes as well as all other tax breaks. Also, people making the average income are revenue neutral in this scheme as they get back the same amount of money as there paying into it minus whatever overhead is involved in running the program. |
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