Posts Tagged ‘subsidy’
Robert Reich: Poverty-Level Wages
on Sunday, April 11, 2021Robert Reich Money Quote saying those working full time jobs at minimum wage are costing the government in subsidies for those same families, so employers should contribute or pay more to workers. Robert Reich said:
“Poverty-level wages cost U.S. taxpayers $152.8 billion a year in public support for working families. So it’s only logical to raise taxes on big companies that give their workers poverty-level wages, to pay for this subsidy” — Robert Reich
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Poverty-level wages cost U.S. taxpayers $152.8 billion a year in public support for working families. So it's only logical to raise taxes on big companies that give their workers poverty-level wages, to pay for this subsidy.
— Robert Reich (@RBReich) February 28, 2021
Lawrence Lessig: Innovators Earn Success
on Sunday, September 13, 2015Lawrence Lessig Money Quote saying Entrepreneurs don’t succeed because they paid lobbyists to secure subsidies or tax shelters, but by earning it. Lawrence Lessig said:
“Entrepreneurs succeed by working harder. By competing better. By creating more. They succeeded by innovating, not by hiring lobbyists to get them a special tax favor. Not by paying Congressmen to get a special subsidy. Not by begging Congress for corporate welfare, but by making money the old fashioned way: by earning it” — Lawrence Lessig
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