Quote:
Originally Posted by aceventura3
Then do you agree that some of those costs could be unreasonable, not productive, wasteful, and not serve as a benefit to society, consumers, employees, taxpayers, or anyone? These are the costs I am talking about.
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This is not true. Most companies have salary differentials based on geography and the cost of living in certain areas. In many cases it does not apply to their highest compensated people, but in order for a company to keep and retain talent in places like New York, San Francisco, LA, they have to sweeten the pot in terms of compensation and they do. When you look at the exodus of business from California the impact of the high cost of living for employees is certainly a factor among many others.
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The high cost of living isn't totally due to high taxes. There are plenty of people/companies who take advantage of the high demand and short supply to create inflation as well.
The problem is that if demand goes up too fast or comes down too fast, society has more problems adjusting.