Tag Archives: carbon tax

If The Minimum Wage Doesn't Cost Jobs, Would The Carbon Tax Reduce Carbon Emissions?

If The Minimum Wage Doesn't Cost Jobs, Would The Carbon Tax Reduce Carbon Emissions?

If you tax something you get less of it. That, in a nutshell, is the conservative argument against raising the minimum wage. Inflating the cost of low-skill labor acts as a sort of tax on those sort of workers. An inflation in cost, without a corresponding increase in value, will lead employers to seek alternatives

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