|
I don't see your tax plan as being viable, or having the intended effect. Are raises only figured per year? And how are you going to keep track of hourly rates and salaries to make sure that raises aren't being taxed? Also, what constitutes a "raise"? What if someone goes from an hourly position to salary, how will their potential pay be figured? And how would this affect people who live mainly on tips? Or what's to stop a business from simply having "raises" after 1 week of work to avoid taxes (on both sides)?
What would be more effective to raising wages here and keeping jobs would be tariffs. Many jobs being shipped overseas are being done to save on labor, where the rates for pay are lower. By making tarrifs that make goods an equivalent price to having paid the local workers what they would make in the US doing the same job, it only makes sense for businesses to stay in the US (since shipping costs from overseas would raise prices higher than local goods, labor costs being (artificially) equal)
Obviously, this would probably create some trade wars, but the primary targets of such tarrifs are mainly export nations, so we wouldn't see much (if any) noticable dropoff in exports. And those should be offset by the now relatively cheaper domestic goods.
|