If only there was a system in place where the money paid to the 50K employees could be taxed by the state and city..... We could call it an income tax.
Perhaps these people could even spend their money in their new home with local businesses too? Then this income tax could further apply to the people that paid.
Just imagine the possibilities.
Sorry for the sarcasm, but I'm routinely shocked by the lack of basic economic knowledge on HN.
Just imagine the possibilities.
Sorry for the sarcasm, but I'm routinely shocked by the lack of basic economic knowledge on HN.