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0 sats \ 0 replies \ @note_bene 12 Jun \ on: Forget ‘no tax on tips’ — increasing the minimum wage would deliver ... econ
Partisanship and PR masquerading as "economics".
Why not Double Raise the Wage Act? By doubling the proposed raise in the RaiseTheWageAct, workers get $1,400B instead of the paltry projected $700B in the original bill.
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Of course when answering why we don't just Double Do (or even Triple(!) Do) a Good Thing we now have to answer that there are tradeoffs. And there's very obscure and uncertain calculations trying to figure this out for 200 million different people.