Monthly Archives: September 2013

It’s Not Really a Taxingly Difficult Subject

See on Scoop.itEmployment law in a mad world

Among the most economically naive calculations that people (including government officials) make is to estimate the growth in tax revenues based on the assumption that nothing changes beyond a hike in the tax.

Annabel Kaye‘s insight:

Does increasing the minimum wage reduce poverty or increase unemployment?  Discuss…

 

Over the years we have seen a lot of small businesses lose jobs when wages rise (and they never come back again).  Should we be helping those businesses to be more profitable or keeping wages low?

 

If we all earn less we all spend less – so the overall cycle of the economy is affected.

 

What’s your view?

See on cafehayek.com

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