Latest / CEO Daily Brief with Dr. Jessica Kriegel
Tax Laws and Business Behavior
In today’s episode:
The problem with not taxing overtime wages: it cuts jobs. High performers collect the overtime, while low performers lose their positions.
In the short-term, this is good for businesses. In the long-term, it's taking people out of the workforce, consumers out of the economy, and creating a larger population on welfare.
There's danger in moving quickly without thinking through the implications.
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The skinny
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