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Timothy T. C. McGhee
How is it that the same people who complain about “income inequality” also seek to provide “affordable housing” (subsidized housing) which accommodates the lifestyle of those with high incomes?
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
“We have to house our workforce,” I once heard an Arlington politician say in a public debate. Why? The argument is the cost of housing is too high for low-wage workers, so they must tax those with high incomes to subsidize expenses of those with low incomes.
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
Here's the question: How does subsidizing housing change incomes? If it makes it easier to live on a lower income, whose income really changes?
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
Next question: If you want to “do something” about income inequality, are you trying to raise low incomes or lower high incomes? Liberals might say both: raise taxes to pay subsidies, and increase the .
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
If subsidizing housing makes life easier for people with both high and low incomes (by making a workforce available, and by making higher incomes less necessary, respectively), then it's not likely to motivate much change.
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
What about the minimum wage? What effect does it have? Any law by its very nature separates the value of work produced from the value of the pay.
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
laws makes low-value work illegal. You're not allowed to directly earn money for something worth less than the minimum wage, at least not that any employer could afford to pay. How does that help people who need to build up their skill levels?
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
A law campaigned on as a tool to lift people up actually shuts people out. The spirit of , however, is not so easily crushed. People will find ways and build tools to make ends meet and fulfill their desires.
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
Technology developers may find ways to subdivide work even within the confines of hourly wage requirements to make the economics sustainable for employers in ways not previously possible.
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
Should that extra complication be necessary? Those with high incomes would do better to pay their people better through wages than through subsidies-via-taxes. That would mitigate both of the original issues raised.
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
That's not an argument for a or an increase thereof. That's an argument for paying people according to the value they provide.
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Timothy T. C. McGhee Sep 21
Replying to @TimMcGhee
A free people is a better judge of competitive value than the law is at determining what is not valuable.
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