you would not believe the amount of “enterpreneurs” in Mexico that complain that their businesses are going under after a 50 pesos ($3) increase to the minimum wage.
The structure needs tearing down. One of the things we are missing in order to do that is a hoarding tax. Because if everyone is paid properly and coerced to spend, then the business’s accrue additional income.
you would not believe the amount of “enterpreneurs” in Mexico that complain that their businesses are going under after a 50 pesos ($3) increase to the minimum wage.
Haven’t they been claiming that in the US too. Same in the UK.
Forgot to mention that our minimum wage is DAILY. A $3 increase to the DAILY minimum wage takes them out of business 😅
The structure needs tearing down. One of the things we are missing in order to do that is a hoarding tax. Because if everyone is paid properly and coerced to spend, then the business’s accrue additional income.